Why is Forcas Studio falling/rising?

As of 04-Aug, Forcas Studio Ltd's stock price is currently at 103.75, reflecting a decrease of 4.2, or 3.89%. The stock opened the day with a significant loss of 4.86% and reached an intraday low of Rs 102.7. Additionally, the stock has underperformed in the short term, with a 1-week return of -5.03% and a 1-month return of -8.67%. Notably, there has been a decline in investor participation, with delivery volume dropping by 55.56% compared to the 5-day average, indicating reduced interest in trading the stock. The absence of specific positive or negative factors makes it challenging to pinpoint exact reasons for the stock's movement, but the overall trend suggests a lack of confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight increase of 0.17% over the past week, Forcas Studio's performance has been notably weaker. The broader market context indicates that while the Sensex has gained 4.56% year-to-date, Forcas Studio has experienced a decline of 3.49% in the same timeframe. This disparity highlights the stock's underperformance relative to the market, suggesting that external market conditions may not be favoring Forcas Studio at this time.