Why is Logica Infoway falling/rising?

As of 28-Aug, Logica Infoway Ltd is experiencing a decline in its stock price, currently at Rs 187.70, reflecting a decrease of Rs 22.4 or 10.66%. The stock has underperformed its sector by 10.24% today and opened with a significant loss of 10.66%. It has not traded on three days out of the last twenty, indicating erratic trading behavior. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. The delivery volume has also decreased by 32.69% compared to the 5-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Logica Infoway's performance over the past week shows a decline of 6.83%, while the benchmark Sensex has only fallen by 2.34%. Over the past month, the stock has decreased by 8.44%, compared to a 1.00% drop in the Sensex. Year-to-date, Logica Infoway has seen a significant decline of 14.66%, while the Sensex has gained 2.48%. This stark contrast highlights the stock's underperformance relative to the broader market, contributing to investor concerns and the recent price decline.