Why is Kore Digital falling/rising?

As of 19-Sep, Kore Digital Ltd's stock price is currently at 224.95, reflecting a decline of 6.0 points or 2.6%. The stock has underperformed significantly, with a 1-week return of -2.49% and a staggering 1-year return of -70.31%. Today's performance indicates that the stock is trading lower than all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 17.67% compared to the 5-day average. Despite some positive factors such as high management efficiency and a low debt-to-equity ratio, the company has reported very negative results, including a drastic fall in net sales by 68.78%, which has contributed to the stock's downward trend.
In the broader market context, the Sensex has shown a positive return of 0.85% over the past week, contrasting sharply with Kore Digital's negative performance. This underperformance is further highlighted by the stock's year-to-date decline of 61.49%, while the benchmark has gained 7.11% during the same period. The overall sentiment around the stock is negative, compounded by consecutive quarters of poor financial results, which have led to a lack of investor confidence and a significant drop in stock value compared to the broader market.