Why is Explicit Finance falling/rising?

As of 05-Aug, Explicit Finance Ltd is currently priced at 6.19, reflecting a slight increase of 0.01 (0.16%). Despite this minor uptick, the stock has experienced a significant decline over the past month, down 23.20%, and is trading below all its moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 1663.67% compared to the 5-day average, suggesting a potential shift in interest. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the stock's performance over the past week shows a decline of 0.96%, which is worse than the benchmark Sensex's drop of 0.77%. Year-to-date, Explicit Finance has underperformed the Sensex, which has gained 3.29%, while the stock itself has decreased by 13.43%. This underperformance in both short-term and year-to-date comparisons highlights the challenges the company faces in attracting investor confidence, despite the recent uptick in trading activity.