Why is Den Networks falling/rising?

As of 07-Aug, Den Networks Ltd is experiencing a decline in its stock price, currently at 36.41, which reflects a decrease of 0.65 or 1.75%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.31% during this period. Additionally, the stock's performance over the past week shows a decrease of 1.81%, and it has significantly underperformed the benchmark Sensex, which has only declined by 0.69%. The stock is currently trading higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 13.04% compared to the 5-day average.
In the broader market context, Den Networks' year-to-date performance shows a significant decline of 16.72%, while the Sensex has gained 3.18% in the same period, indicating a stark contrast in performance. Over the past month, Den Networks has also underperformed the benchmark, with a decline of 7.33% compared to the Sensex's 3.38% drop. This underperformance suggests that investor sentiment towards Den Networks is weak, compounded by falling liquidity and a lack of positive factors to support a rebound in its stock price.