Why is Globesecure Tech falling/rising?

As of 12-Sep, Globesecure Technologies Ltd is experiencing a decline in its stock price, currently at Rs. 10.10, which reflects a decrease of Rs. 0.4 or 3.81%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. Performance metrics reveal that the stock has underperformed its sector by 4.01% today, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 76.19% against the 5-day average, suggesting waning interest from investors. The stock has also shown substantial negative returns over various periods, including a year-to-date decline of 66.72% and a staggering 92.03% drop over three years.
In the broader market context, the Sensex has shown a positive return of 1.51% over the past week and 2.56% over the past month, contrasting sharply with Globesecure's 8.18% and 22.61% declines in the same periods. This stark difference indicates that while the overall market is performing well, Globesecure Technologies is struggling significantly. The stock's performance over the past year and three years also highlights a severe underperformance compared to the benchmark, which has only declined by 1.08% and increased by 40.02%, respectively. This divergence suggests that external market conditions are favorable, yet Globesecure is facing unique challenges that are driving its stock price lower.