Why is Flomic Global falling/rising?

As of 09-Oct, Flomic Global Logistics Ltd is experiencing a decline in its stock price, currently at Rs 55.68, which represents a decrease of Rs 1.52 or 2.66%. The stock has underperformed its sector by 3.26% today and has touched an intraday low of Rs 55.04, reflecting a drop of 3.78%. Additionally, Flomic Global is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 4.62%, and it has also underperformed significantly over the past month and year, with returns of -7.52% and -19.30%, respectively. There is a notable decrease in investor participation, with delivery volume falling by 68.8% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, the Sensex has shown a positive return of 1.47% over the past week, contrasting sharply with Flomic Global's negative performance. This divergence indicates that while the overall market is gaining, Flomic Global is struggling to attract investor confidence. The stock's year-to-date performance is particularly concerning, with a decline of 23.15% compared to the Sensex's gain of 5.16%. The lack of available positive factors further exacerbates the stock's challenges, highlighting a difficult environment for Flomic Global amidst a generally favorable market backdrop.