Why is Gconnect Logitec falling/rising?

As of 04-Aug, Gconnect Logitech & Supply Chain Ltd is experiencing a decline in its stock price, currently at 22.59, which reflects a decrease of 0.46 or 2.0%. The stock has been underperforming, having lost 5.88% over the last three days, and it has consistently fallen for three consecutive days. Additionally, the stock's performance today is notably poor, underperforming its sector by 3.04%. Over the past week, the stock has decreased by 4.48%, and its year-to-date return stands at a significant decline of 32.57%. The delivery volume has also seen a drastic drop of 89.58% compared to the five-day average, indicating a lack of investor interest and participation.
Broader Market Context: In comparison to the Sensex, which has shown a slight increase of 0.16% over the past week, Gconnect's performance has been notably weaker. While the Sensex has gained 3.69% year-to-date, Gconnect's substantial decline of 32.57% highlights its struggles in the current market environment. The broader market context suggests that while the overall market has been relatively stable, Gconnect is facing significant challenges that are contributing to its declining stock price.