Why is Logica Infoway falling/rising?

As of 08-Jul, Logica Infoway Ltd is experiencing a decline in its stock price, currently at Rs 210.10, which represents a decrease of Rs 3.3 or 1.55%. The stock has underperformed its sector by 1.06% today and has fallen after two consecutive days of gains. Over the past week, the stock has decreased by 5.25%, and it has also shown a negative performance of 19.08% over the past year, indicating a significant downward trend. The stock touched an intraday low of Rs 206, and it is trading below all key moving averages, suggesting a bearish sentiment among investors. Although there has been a rise in delivery volume by 100% against the 5-day average, the overall trading activity remains erratic, with the stock not trading on one day out of the last 20 days.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Logica Infoway's significant decline. The benchmark has also outperformed Logica Infoway over the past month and year, with returns of 1.85% and 4.69%, respectively. This disparity highlights the challenges faced by Logica Infoway in attracting investor confidence compared to the overall market performance. The lack of positive factors in the dashboard further emphasizes the stock's struggles, as no supportive news or developments have been reported to counteract the negative trends observed.