Why is Cigniti Tech. falling/rising?

As of 06-Aug, Cigniti Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,556.45, which reflects a decrease of Rs 56.1 or 3.48%. The stock has underperformed its sector by 2.19% today and has been on a downward trend for the last two days, resulting in a total drop of 5.54% during this period. Additionally, the stock has shown a significant decline over the past month, with a return of -14.54%, while it has also underperformed the benchmark Sensex, which has only decreased by 3.46% in the same timeframe. The stock's performance today included an intraday low of Rs 1,541, and trading volume has decreased, indicating falling investor participation.
Broader Market Context: In the short term, Cigniti Technologies Ltd's performance has been notably weaker compared to the benchmark Sensex, which has seen a smaller decline of 1.15% over the past week. Despite a strong long-term performance, with a 3-year return of 191.28% and a 5-year return of 495.20%, the recent trends suggest a shift in investor sentiment, possibly influenced by the stock's recent underperformance and declining trading volumes. The liquidity of the stock remains adequate for trading, but the overall market context indicates a challenging environment for Cigniti Technologies Ltd at this time.