Why is Adhata Global falling/rising?

As of 05-Jun, Adhata Global Ltd's stock price is currently at Rs 49.40, reflecting a decrease of Rs 2.6, or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 6.77%. Despite opening with a gain of 2.12% and reaching an intraday high of Rs 53.1, it has since dropped to its current low. The stock's performance over the past week shows a decline of 6.79%, while it has decreased by 3.50% over the past month. Notably, the stock has performed well year-to-date with a return of 51.63%, significantly outpacing the Sensex's 4.23% gain. However, the recent negative movement indicates a shift in investor sentiment, possibly influenced by the stock's recent underperformance against its sector.
In the broader market context, the Sensex has shown a minimal decline of 0.23% over the past week, contrasting with Adhata Global's more significant drop. This suggests that the stock's recent struggles are not entirely reflective of the overall market trend. The rising investor participation, indicated by a substantial increase in delivery volume, may suggest that some investors are still interested in the stock despite its recent declines. However, the stock's current position below the 5-day, 20-day, and 50-day moving averages, while remaining above the 100-day and 200-day averages, indicates mixed signals regarding its short-term momentum. Overall, the combination of recent price declines and sector underperformance has contributed to the stock's current downward trajectory.