Why is Basilic Fly Stud falling/rising?

As of 26-Aug, Basilic Fly Studio Ltd's stock price is currently at 419.45, reflecting a decrease of 22.05, or 4.99%. The stock has underperformed its sector by 0.83% today, and its delivery volume has significantly declined by 36.75% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a notable decline of 9.24%, while it has experienced a modest gain of 0.35% over the past month. Year-to-date, the stock is up 27.05%, but it has faced a substantial drop of 27.49% over the past year. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, the Sensex has decreased by only 1.08% over the past week, suggesting that Basilic Fly Studio Ltd's recent performance is significantly worse than the overall market. While the stock has outperformed the benchmark on a year-to-date basis, its recent short-term performance indicates a troubling trend, particularly in light of the broader market's relatively stable performance. The stock's moving averages show that it is currently lower than the 5-day, 20-day, and 50-day moving averages, which may further contribute to investor concerns and the stock's downward movement.