Why is Net Avenue falling/rising?

As of 13-Oct, Net Avenue Technologies Ltd is experiencing a decline in its stock price, currently at Rs. 3.65, which represents a decrease of 0.2 or 5.19%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. It has underperformed its sector by 4.44% and is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 37.5% compared to the 5-day average. The stock's year-to-date performance shows a staggering decline of 70.68%, and it has also underperformed the benchmark Sensex over various periods, including a 1-week return of -6.41%.
In the broader market context, while the Sensex has shown a slight increase of 0.60% over the past week, Net Avenue's significant decline highlights its struggles relative to the market. The stock's performance has been consistently poor, with a year-on-year drop of 75.34%, contrasting sharply with the Sensex's modest gain of 1.05%. This stark difference in performance suggests that investor sentiment towards Net Avenue is weak, compounded by the lack of available positive factors to offset the negative trends observed in both its stock performance and market participation.