Why is Digikore Studios falling/rising?

As of 05-Aug, Digikore Studios Ltd is experiencing a decline in its stock price, currently at Rs 157.25, which represents a decrease of Rs 10.95 or 6.51%. The stock has underperformed its sector by 5.07% today and opened with a loss of 2.71%. It reached an intraday low of Rs 159, reflecting a drop of 5.47%. Over the past week, the stock has decreased by 9.44%, and on a year-to-date basis, it has fallen by 45.02%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant decline in investor participation, with delivery volume dropping by 47.18% compared to the 5-day average.
In the broader market context, the Sensex has only decreased by 0.69% over the past week, highlighting that Digikore Studios' decline is more pronounced than the overall market trend. While the benchmark has shown a positive return of 4.25% year-to-date, Digikore's performance has been starkly negative, with a 66.10% drop over the past year. This stark contrast suggests that the stock's poor performance is not merely a reflection of broader market conditions but rather specific challenges faced by the company. Unfortunately, there are no positive or negative dashboard insights available to provide further context on the factors influencing this stock's recent movement.