Why is Omni Ax's falling/rising?

As of 29-Jul, Omni Axs Software Ltd is experiencing a decline in its stock price, currently at 2.61, reflecting a decrease of 0.19 or 6.79%. The stock has underperformed its sector by 7.47% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 63.43% compared to the 5-day average. Over the past week, the stock has decreased by 5.43%, and it has shown a year-to-date decline of 29.27%, indicating a persistent downward trend without any available positive factors to counterbalance these movements.
In the broader market context, the Sensex has only declined by 1.03% over the past week, suggesting that Omni Axs Software Ltd's performance is significantly worse than the overall market. While the benchmark has shown a modest gain of 4.09% year-to-date, Omni Axs's substantial drop indicates a lack of investor confidence and a divergence from market trends. The stock's long-term performance also reflects this underperformance, with a 3-year decline of 14.43% compared to the Sensex's gain of 41.28%. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the benchmark contributes to the stock's current downward trajectory.