Why is Dev Labtech falling/rising?

As of 11-Sep, Dev Labtech Venture Ltd is experiencing a decline in its stock price, currently at Rs 65.10, which reflects a decrease of Rs 2.4 or 3.56%. The stock has underperformed its sector by 2.59% today and opened with a significant loss of 4.07%. It touched an intraday low of Rs 64.75 and has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -0.85%, and its performance over the last month shows a substantial decline of 18.63%. While there has been a slight increase in delivery volume by 11.11% against the 5-day average, the overall sentiment remains negative, with no positive factors reported.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.03% over the past week and 1.17% over the past month, Dev Labtech's performance is notably poor. The Sensex has also shown a year-to-date increase of 4.36%, while Dev Labtech has declined by 15.45% in the same period. This stark contrast highlights the stock's struggle to keep pace with broader market trends, contributing to its downward trajectory.