Why is Identixweb falling/rising?

As of 31-Jul, Identixweb Ltd's stock price is currently at 60.10, reflecting a decrease of 0.3, or 0.5%. The stock has shown a negative performance today, trading inline with its sector. Key points from the price summary indicate that Identixweb is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a downward trend. Additionally, there has been a significant drop in investor participation, with delivery volume on 29 July falling by 78.26% compared to the 5-day average. The stock's performance over the past week has also been negative, with a decline of 2.04%, while the one-month return shows a decrease of 1.49%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Identixweb's short-term performance has been worse than the benchmark, with the Sensex declining by 1.22% over the past week compared to Identixweb's 2.04% drop. This indicates that while both the stock and the benchmark are experiencing declines, Identixweb is underperforming relative to the market. The one-month performance also reflects a similar trend, with the Sensex down 3.00% while Identixweb has a smaller decline of 1.49%. This suggests that the stock's recent struggles may be influenced by broader market conditions, but it is still facing more significant challenges than the overall market.