Why is Identical Brains falling/rising?

As of 18-Aug, Identical Brains Studios Ltd is experiencing a decline in its stock price, currently at Rs 38.60, which represents a decrease of Rs 1.35 or 3.38%. The stock has underperformed significantly, with a 1-week return of -0.39% and a 1-month return of -12.27%. Additionally, it is trading lower than all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, being only 1.55% away from that point. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 37.5% compared to the 5-day average, indicating reduced interest from investors.
In the broader market context, the Sensex has shown a positive return of +1.19% over the past week and +5.21% year-to-date, contrasting sharply with Identical Brains' poor performance. The stock's year-to-date decline of -54.91% highlights a significant underperformance relative to the benchmark, which has seen a modest gain. This disparity suggests that while the overall market is experiencing growth, Identical Brains is struggling to attract investor confidence, further exacerbated by its recent trading patterns and declining liquidity.