Why is Orient Tech. falling/rising?

As of 08-Aug, Orient Technologies Ltd is experiencing a decline in its stock price, currently at Rs 307.05, which reflects a decrease of Rs 7.0 or 2.23%. The stock has underperformed its sector by 1.43% today, reaching an intraday low of Rs 305.3. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, the stock has seen a significant drop of 12.92%, while year-to-date, it has fallen by 36.15%. Although there has been a rise in investor participation with a 23.54% increase in delivery volume compared to the 5-day average, the overall sentiment appears negative as no positive factors are noted in the dashboard.
In the broader market context, the Sensex has shown a slight decline of 0.92% over the past week and a modest increase of 2.20% year-to-date. Compared to the benchmark, Orient Technologies Ltd's short-term performance is notably worse, with a 1-week return of -1.27% against the Sensex's decline. This underperformance, coupled with the significant year-to-date drop, suggests that the stock is struggling to attract investor confidence in a market that is not entirely bearish.