Why is ITCONS E-Soluti. falling/rising?

As of 16-Sep, ITCONS E-Solutions Ltd is experiencing a decline in its stock price, currently at Rs 463.35, which represents a decrease of Rs 21.55 or 4.44%. The stock has been underperforming, having fallen consecutively for the last three days, with a total return of -6.17% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 2.77%, and it has significantly underperformed the benchmark Sensex, which has gained 1.58% in the same timeframe. Furthermore, there has been a notable drop in investor participation, with delivery volume decreasing by 47.06% compared to the 5-day average.
In the broader market context, while the Sensex has shown a positive return of 1.58% over the past week, ITCONS E-Solutions Ltd has not only declined but has also underperformed the sector by 5.46%. The stock's year-to-date performance is particularly concerning, with a decline of 27.26% compared to the Sensex's increase of 5.43%. This stark contrast highlights the challenges faced by ITCONS E-Solutions Ltd in the current market environment, contributing to the ongoing downward pressure on its stock price.