Why is Arham Tech falling/rising?

As of 07-Aug, Arham Technologies Ltd is experiencing a decline in its stock price, currently at Rs 74.50, which reflects a decrease of Rs 3.4 or 4.36%. The stock has been underperforming recently, with a notable drop of 6.88% over the past week and 16.29% over the past month. Today's performance indicates a continuation of this trend, as the stock opened with a loss of 2.44% and reached an intraday low of Rs 73.3, marking a 5.91% decline. Additionally, the stock has been trading below its moving averages across various timeframes, and it is close to its 52-week low, being just 4.97% away from Rs 70.8. Despite a rise in delivery volume by 34.62% on August 5, the stock has shown erratic trading patterns, having not traded on three days out of the last twenty.
In the broader market context, Arham Technologies' performance has been significantly worse than the benchmark Sensex, which has only declined by 0.70% over the past week. The stock's year-to-date performance is particularly concerning, showing a decline of 44.75%, while the Sensex has gained 4.02% in the same period. This stark contrast highlights the challenges faced by Arham Technologies in attracting investor confidence compared to the overall market. The stock's consistent downward movement, combined with its underperformance relative to the benchmark, suggests a lack of positive sentiment among investors, contributing to its current price decline.