Why is Logica Infoway falling/rising?

As of 25-Sep, Logica Infoway Ltd is experiencing a decline in its stock price, currently at Rs 221.90, which reflects a decrease of Rs 5.1 or 2.25%. The stock has underperformed its sector by 0.77% today, having touched an intraday low of Rs 221.5. In terms of recent performance, the stock has shown a 1-week decline of 1.73% and a 1-year decline of 9.76%, while it has gained 5.62% over the past month. The stock is currently trading higher than its 20-day, 50-day, and 100-day moving averages but is below its 5-day and 200-day moving averages. There is a noted increase in investor participation, with delivery volume rising by 4.17% against the 5-day average.
In the broader market context, the Sensex has also seen a decline of 2.23% over the past week, indicating that the market sentiment is generally negative. However, Logica Infoway's performance over the year is worse than the benchmark, which has only declined by 4.71%. Despite the stock's recent underperformance, it has shown some resilience with a year-to-date increase of 0.89%, contrasting with the Sensex's gain of 3.87%. Overall, the combination of a recent decline in price, underperformance relative to the sector, and a generally negative market sentiment contributes to the stock's current downward movement.