Why is Digikore Studios falling/rising?

As of 07-Aug, Digikore Studios Ltd is experiencing a decline in its stock price, currently at Rs 154.00, which represents a decrease of Rs 3.95 or 2.5%. The stock has underperformed significantly, with a one-week return of -13.73% and a one-month return of -21.43%. Additionally, it is trading close to its 52-week low, just 2.6% away from Rs 150. The stock opened with a gain of 2.56% today, reaching an intraday high of Rs 162, but ultimately fell to its current price. It is also noteworthy that the stock is trading below all its moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 108.61% against the 5-day average, the overall performance remains weak.
In the broader market context, the Sensex has shown a much more stable performance, with a year-to-date return of +4.02% and a one-year return of +1.23%. This stark contrast highlights the underperformance of Digikore Studios, particularly as it has seen a year-to-date decline of -46.15%. The stock's recent erratic trading behavior, including not trading on three days out of the last twenty, further contributes to its volatility. Overall, while there are signs of increased trading activity, the negative returns and the stock's position relative to its moving averages suggest continued challenges ahead for Digikore Studios.