Why is GVP Infotech falling/rising?

As of 07-Aug, GVP Infotech Ltd is experiencing a decline in its stock price, currently at Rs 9.04, which represents a decrease of 0.42 or 4.44%. The stock has been underperforming, having lost 13.99% over the last two days and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Today's trading has shown high volatility, with an intraday range of Rs 1.1 and a significant drop to a low of Rs 8.64, indicating a challenging trading environment. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 38.53% compared to the 5-day average, contributing to the stock's recent downward trend.
In the broader market context, GVP Infotech's short-term performance has been significantly worse than the benchmark, with a 1-week return of -12.15% compared to the Sensex's -0.70%. Over the past month, the stock has declined by 15.67%, while the Sensex has only fallen by 3.40%. This stark contrast highlights the stock's struggles relative to the market. Despite a brief opening gain of 2.96% today, the overall sentiment remains negative, influenced by the stock's erratic trading patterns and the lack of positive factors to support a recovery.