Why is Globesecure Tech falling/rising?

As of 29-Sep, Globesecure Technologies Ltd is experiencing a decline in its stock price, currently at Rs 8.50, which represents a decrease of Rs 0.4 or 4.49%. The stock has significantly underperformed, with a 1-week return of -14.14% and a staggering year-to-date decline of -71.99%. Today's performance indicates that it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, investor participation has fallen sharply, with delivery volume dropping by 43.07% compared to the 5-day average, suggesting a lack of interest among investors. The stock is also close to its 52-week low, just 3.53% away from Rs 8.2.
In the broader market context, the Sensex has shown a relatively stable performance with a 1-week decline of only -2.25% and a year-to-date increase of +4.19%. This stark contrast highlights the significant underperformance of Globesecure Technologies Ltd compared to the benchmark index. The stock's poor returns over various periods, particularly the 3-year decline of -91.23% against the Sensex's gain of +46.48%, further emphasizes the challenges the company faces in attracting investor confidence and maintaining market liquidity. Overall, the combination of declining stock performance, reduced investor participation, and unfavorable comparisons to the broader market contributes to the ongoing downward trend in Globesecure Technologies Ltd's stock price.