Why is Euphoria Infotec falling/rising?

As of 14-Aug, Euphoria Infotech (India) Ltd is experiencing a decline in its stock price, currently at 51.05, reflecting a decrease of 0.72 or 1.39%. The stock has underperformed its sector by 1.61% today and has shown erratic trading patterns, not trading on 2 out of the last 20 days. Over the past month, the stock has decreased by 18.97%, while the benchmark Sensex has only fallen by 2.01%. Additionally, the stock's performance year-to-date shows a decline of 14.92%, contrasting with the Sensex's increase of 3.15%. Although the stock is trading higher than its 50-day and 100-day moving averages, it remains below the 5-day, 20-day, and 200-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 87.5% against the 5-day average.
In the broader market context, the stock's short-term performance has been significantly worse than the benchmark, indicating a lack of investor confidence compared to the overall market trends. The Sensex has shown resilience with a slight decline, while Euphoria Infotech's substantial drop suggests company-specific challenges. Unfortunately, there is no available information regarding positive or negative factors that could further clarify the reasons behind the stock's recent movement. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, which may provide some support in the trading environment.