Why is Diligent Indust. falling/rising?

As of 26-Sep, Diligent Industries Ltd is currently priced at 3.12, reflecting a decrease of 0.11, or 3.41%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 13.3% during this period. Additionally, the stock has shown a negative return of 3.11% over the past week, while it has outperformed the benchmark over the past month with a gain of 13.45%. Despite a very attractive valuation indicated by a ROCE of 6.1 and a trading discount compared to peers, the stock's long-term fundamental strength appears weak, evidenced by a high Debt to EBITDA ratio and consistent underperformance against the benchmark over the last three years. In the broader market context, the Sensex has declined by 2.66% over the past week, indicating that while Diligent Industries Ltd is also falling, it has done so at a greater rate. The stock's recent performance has been negatively impacted by a significant drop in investor participation, with delivery volume falling by 63.87% compared to the five-day average. This lack of liquidity, combined with the company's flat results and low ability to service debt, suggests that investor confidence is waning, contributing to the stock's downward trajectory.