Why is 3C IT Solutions falling/rising?

As of 05-Aug, 3C IT Solutions & Telecoms (India) Ltd is experiencing a decline in its stock price, currently at Rs 22.58, reflecting a decrease of -1.17 (-4.93%). The stock has underperformed its sector by -4.53% today and has been on a downward trend, losing -10.15% over the last three days. It opened with a loss of -4.93% and has not traded above this price throughout the day. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish sentiment. The delivery volume has also decreased by -16.67% compared to the 5-day average, suggesting falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, the stock's performance over the past week shows a decline of -5.68%, while the benchmark Sensex has only decreased by -0.77%. Over the past month, 3C IT Solutions has fallen -13.15%, significantly underperforming the Sensex, which has declined by just -3.26%. Year-to-date, the stock is down -17.89%, contrasting sharply with the Sensex's gain of +3.29%. This stark difference in performance highlights the challenges faced by 3C IT Solutions in the current market environment, contributing to its ongoing price decline.