Why is Identical Brains falling/rising?

As of 12-Aug, Identical Brains Studios Ltd is experiencing a slight decline in its stock price, currently at Rs 38.70, which reflects a decrease of Rs 0.05 or 0.13%. The stock has underperformed in the short term, with a 1-week return of -1.15% and a 1-month return of -7.86%. Additionally, it is trading lower than its moving averages across various time frames, indicating a bearish trend. The stock is also close to its 52-week low, being only 1.81% away from that point. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 21.05% against the 5-day average, suggesting reduced interest from investors.
In the broader market context, the Sensex has shown a decline of 0.67% over the past week and a modest increase of 3.56% year-to-date, indicating that while the market overall is performing relatively well, Identical Brains is lagging significantly behind. The stock's year-to-date performance is particularly concerning, with a staggering drop of 54.79% compared to the positive performance of the benchmark. This stark contrast highlights the challenges faced by Identical Brains in attracting investor confidence and suggests that the stock's recent movements are influenced by both its internal struggles and a broader market that is not reflecting its performance.