Why is Dev Labtech falling/rising?

As of 08-Sep, Dev Labtech Venture Ltd's stock price is currently at Rs 67.50, reflecting a decrease of Rs 1.44 or 2.09%. The stock has underperformed its sector by 1.97% today, opening with a loss of 2.09% and touching an intraday low of Rs 67.50. The stock's performance over the past month shows a significant decline of 13.46%, while year-to-date it has fallen by 12.34%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains higher than the 100-day moving average. There has also been a notable drop in investor participation, with delivery volume decreasing by 68.75% compared to the 5-day average, indicating reduced interest in the stock.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.67%, which is slightly better than the Sensex's increase of 0.53%. However, the stock's longer-term performance is concerning, with a year-over-year decline of 18.18%, while the Sensex has only decreased by 0.49% in the same period. This stark contrast highlights the stock's underperformance relative to the benchmark, contributing to the negative sentiment surrounding it. Overall, the combination of declining investor interest, poor recent performance, and unfavorable comparisons to the benchmark suggests that the stock is facing significant challenges.