Why is Oasis Securities falling/rising?

As of 28-Oct, Oasis Securities Ltd is experiencing a decline in its stock price, currently at Rs 22.41, reflecting a decrease of Rs 1.43 or 6.0%. The stock has been underperforming recently, having fallen for three consecutive days, with a total decline of 9.71% during this period. Today's trading saw the stock reach an intraday high of Rs 24.46 but also dip to a low of Rs 22.40. Additionally, it is trading below all key moving averages, indicating a bearish trend. The delivery volume has significantly decreased, falling by 78.93% compared to the five-day average, suggesting reduced investor participation. Year-to-date, the stock has suffered a substantial decline of 40.48%, contrasting with a positive return of 8.30% for the benchmark index.
In the broader market context, Oasis Securities' short-term performance has been notably poor, with a one-week return of -6.08% compared to a slight gain of 0.24% for the Sensex. While the stock has shown some recovery over the past month with an 11.05% increase, its year-to-date performance remains significantly negative. This underperformance relative to the benchmark and the recent drop in trading volume indicate a lack of confidence among investors, contributing to the stock's current downward trajectory.