Why is Globesecure Tech falling/rising?

As of 15-Sep, Globesecure Technologies Ltd is experiencing a decline in its stock price, currently at Rs. 9.65, reflecting a decrease of Rs. 0.45 or 4.46%. The stock has hit a new 52-week low today, indicating significant downward pressure. It has underperformed its sector by 3.99% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -9.81%, and its year-to-date performance shows a drastic decline of 68.20%. The rising investor participation, with a delivery volume increase of 18.85% against the 5-day average, suggests some interest, but overall, the stock's performance remains weak.
In the broader market context, the Sensex has shown a positive return of 1.20% over the past week, contrasting sharply with Globesecure's significant decline. This indicates that while the overall market is gaining, Globesecure is struggling to keep pace, further highlighting its underperformance. The stark difference in returns over the past month and year, with the stock down 23.11% and 78.63% respectively, compared to the Sensex's modest gains, underscores the challenges faced by Globesecure Technologies Ltd in the current market environment.