Why is ACI Infocom falling/rising?

As of 30-Jul, ACI Infocom Ltd's stock price is currently at Rs. 1.74, reflecting an increase of Rs. 0.01 or 0.58%. The stock has recently shown signs of recovery, gaining after five consecutive days of decline. However, it hit a new 52-week low of Rs. 1.68 earlier today. Despite this uptick, the stock has underperformed in the short term, with a 1-week return of -3.87% and a 1-month return of -7.94%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. Investor participation has also decreased significantly, with delivery volume falling by 57.33% compared to the 5-day average, suggesting reduced interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a decline of only 1.50% over the past week, ACI Infocom's performance has been notably weaker. The IT - Hardware sector, in which ACI operates, has also faced challenges, declining by 4.4%. Year-to-date, ACI Infocom has experienced a substantial drop of 36.03%, contrasting sharply with the Sensex's gain of 4.28%. This broader market context, combined with the company's recent performance metrics, indicates that while there may be a slight recovery in the stock price today, the overall trend remains negative, influenced by both sector performance and declining investor interest.