Why is Decipher Labs falling/rising?

As of 12-Sep, Decipher Labs Ltd is currently priced at 10.50, reflecting a decline of 0.12, or 1.13%. The stock has been underperforming, having lost 1.69% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has experienced a significant drop in investor participation, with delivery volume falling by 47.95% compared to the 5-day average. The company has reported negative results for the last four consecutive quarters, with net sales and profit after tax both declining by 64.39%. This consistent underperformance, coupled with a weak ability to service its debt and negative EBITDA, indicates a lack of fundamental strength, contributing to the stock's downward movement.
In the broader market context, Decipher Labs has underperformed against the benchmark, with a year-to-date return of -29.77% compared to the Sensex's positive return of 4.82%. Over the past three years, the stock has consistently lagged behind the BSE500, generating a return of -78.01% while the benchmark has gained 36.25%. This stark contrast highlights the stock's struggles in a generally improving market, further exacerbating investor sentiment and contributing to its recent price decline.