Why is Forcas Studio falling/rising?

As of 16-Sep, Forcas Studio Ltd's stock price is currently at 101.50, reflecting an increase of 1.05, or 1.05%. Despite this positive movement today, the stock has underperformed its sector by 0.38%. The stock's performance over the past week shows a modest gain of 0.59%, but it has declined by 3.24% over the past month and 5.58% year-to-date. Additionally, the stock is trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. A notable concern is the significant drop in investor participation, with delivery volume falling by 72.91% compared to the 5-day average, indicating reduced interest from investors.
In the broader market context, the Sensex has outperformed Forcas Studio Ltd, gaining 1.49% over the past week and 2.47% over the past month, while the stock has seen negative returns in both the 1-month and year-to-date periods. The stock's year-over-year performance is also disappointing, with a decline of 5.23%, contrasting with the Sensex's slight decrease of 0.57%. This underperformance relative to the benchmark may contribute to the stock's recent struggles, as it reflects a lack of confidence among investors compared to the overall market trends.