Why is Digikore Studios falling/rising?

As of 26-Aug, Digikore Studios Ltd is experiencing a decline in its stock price, currently at 150.25, which reflects a decrease of 1.7 or 1.12%. The stock has shown a mixed performance in recent periods, with a slight increase of 0.70% over the past week, but a significant drop of 15.64% over the past month. Additionally, the stock has underperformed year-to-date with a decline of 47.47% compared to the Sensex, which has gained 4.51%. Today's trading activity indicates that the stock outperformed its sector by 1.13%, but there has been a notable decrease in investor participation, with delivery volume falling by 38.82% against the 5-day average. The stock is currently trading higher than its 5-day moving average but lower than its longer-term moving averages, indicating a potential struggle to maintain upward momentum.
In the broader market context, the Sensex has experienced a decline of 1.08% over the past week, which is less severe than the stock's performance over the same period. This suggests that while the stock has outperformed its sector recently, it still faces significant challenges compared to the overall market. The year-to-date and one-year returns highlight a stark contrast between Digikore Studios and the benchmark, indicating that investor sentiment may be cautious, particularly given the falling delivery volumes and the stock's substantial losses over longer periods. Overall, the combination of declining investor participation and poor longer-term performance contributes to the stock's current downward trajectory.