Why is Ajcon Global falling/rising?

As of 30-Sep, Ajcon Global Services Ltd is experiencing a decline in its stock price, currently at 9.29, which reflects a decrease of 0.8 or 7.93%. The stock has underperformed its sector by 8.23% today and has shown a trend reversal after two consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased by 69.18% compared to the 5-day average, indicating falling investor participation. While the stock has performed well year-to-date with a return of 31.61% and an impressive 106.40% over the past year, it has faced challenges recently, including a 10.67% decline over the past month.
In the broader market context, the Sensex has only decreased by 2.23% over the past week, suggesting that Ajcon Global's short-term performance is lagging behind the benchmark. The stock's performance over the last month contrasts sharply with the Sensex's slight gain of 0.57%, highlighting a significant underperformance in the short term. Despite the stock being higher than its 200-day moving average, it remains lower than its shorter-term moving averages, which may indicate a bearish sentiment among investors. Overall, the combination of declining investor interest and recent price movements suggests a challenging environment for Ajcon Global Services Ltd.