Why is Basilic Fly Stud falling/rising?

As of 07-Aug, Basilic Fly Studio Ltd's stock price is currently at 413.30, reflecting a decrease of 2.35, or 0.57%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.21% during this period. Additionally, the stock has shown a significant drop in delivery volume, which decreased by 43.48% compared to the five-day average. Over the past week, the stock has decreased by 4.06%, and over the past month, it has fallen by 4.71%. Year-to-date, however, it has performed well with a gain of 25.19%, although it has seen a substantial decline of 25.37% over the past year.
In the broader market context, the Sensex has also experienced a decline, but to a lesser extent, with a decrease of 0.70% over the past week and 3.40% over the past month. This suggests that while Basilic Fly Studio Ltd is facing specific challenges, the overall market is also under pressure. The stock's performance today has underperformed its sector by 4.7%, indicating a lack of investor confidence, which is further reflected in the erratic trading patterns observed over the last 20 days. The stock remains liquid enough for trading, but the falling investor participation may continue to weigh on its price movement.