Why is Digidrive Dist. falling/rising?

As of 24-Sep, Digidrive Distributors Ltd is experiencing a decline in its stock price, currently at 31.86, which reflects a decrease of 0.64 or 1.97%. The stock has underperformed its sector by 1.78% today and has been on a consecutive downward trend for the last two days, accumulating a total decline of 3.48% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date drop of 30.05% and a one-year decline of 34.94%. It is also trading below its moving averages across multiple time frames, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 93.33% against the five-day average, the overall sentiment remains negative.
In the broader market context, Digidrive's short-term performance has been significantly worse than the benchmark, with a one-week return of -2.72% compared to the Sensex's -1.18%. This underperformance highlights a lack of investor confidence in Digidrive relative to the overall market. Despite the stock's liquidity being adequate for trading, the persistent downward movement and negative returns over the past month and year suggest that investors are cautious, contributing to the stock's decline.