Why is Gconnect Logitec falling/rising?

As of 03-September, Gconnect Logitech & Supply Chain Ltd is experiencing a decline in its stock price, currently at Rs 24.57, which reflects a decrease of Rs 1.29 or 4.99%. The stock has underperformed its sector by 6% today and has fallen after seven consecutive days of gains. It opened with a loss of 3.33% and reached an intraday low of Rs 24.57. Despite a significant rise in delivery volume, which increased by 161.36% against the 5-day average, the stock remains lower than the 100-day and 200-day moving averages. Year-to-date, the stock has decreased by 26.66%, and over the past year, it has fallen by 70.75%, indicating a significant long-term decline.
In the broader market context, the Sensex has shown a slight decline of 0.27% over the past week and a marginal decrease of 0.04% over the past month, contrasting with Gconnect's positive returns of 8.96% and 6.59% in the same periods, respectively. However, the stock's year-to-date performance is notably worse than the benchmark, which has gained 3.11% this year. This disparity highlights the challenges Gconnect faces in the current market environment, despite some short-term gains. The overall liquidity of the stock remains adequate for trading, but the recent price movements suggest a cautious sentiment among investors.