Why is 3C IT Solutions falling/rising?

As of 24-Sep, 3C IT Solutions & Telecoms (India) Ltd is experiencing a decline in its stock price, currently at Rs 21.81, which represents a decrease of 1.04 or 4.55%. The stock has underperformed its sector by 3.89% today and opened with a loss of 4.6%. It touched an intraday low of Rs 21.8 and has been trading in a narrow range of Rs 0.01. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 16.67% against the 5-day average, suggesting falling investor participation. There are no positive factors available to counterbalance these negative indicators.
In the broader market context, the stock's performance over the past week shows a decline of 4.55%, while the benchmark Sensex has only decreased by 1.18%. Over the past month, 3C IT Solutions has fallen by 10.98%, contrasting with a slight gain of 0.50% in the Sensex. Year-to-date, the stock has dropped 20.69%, while the benchmark has risen by 4.58%. This significant underperformance relative to the market indicates that investor sentiment towards 3C IT Solutions is weak, contributing to its declining stock price.