Why is Digikore Studios falling/rising?

As of 08-Aug, Digikore Studios Ltd is experiencing a price increase, currently at 159.00, reflecting a rise of 5.0 or 3.25%. Despite this uptick today, the stock has shown a significant decline over the past week, down 4.39%, and a more substantial drop of 14.97% over the past month. Additionally, it has underperformed against the benchmark Sensex over various periods, with a year-to-date decline of 44.41% compared to a 3.04% increase in the Sensex. The stock is currently trading below all its moving averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 86.49% against the 5-day average, which may suggest waning interest among investors.
In the broader market context, while Digikore Studios has outperformed its sector by 4.05% today, its overall performance remains concerning when compared to the Sensex, which has shown resilience with a slight increase over the same periods. The stock's significant declines over the past year and year-to-date highlight a stark contrast to the benchmark's performance, indicating that while there may be short-term gains, the long-term outlook remains challenging. The absence of any positive factors in the dashboard further emphasizes the difficulties faced by the company, contributing to the overall negative sentiment surrounding its stock.