Why is Plada Infotech S falling/rising?

As of 06-Nov, Plada Infotech Services Ltd is experiencing a decline in its stock price, currently at Rs 16.20, reflecting a decrease of Rs 0.75 or 4.42%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 1.23% away from that point. Over the past week, the stock has underperformed its sector by 4.51%. In terms of returns, the stock has seen a significant decline of 40.00% year-to-date and 40.44% over the past year, contrasting sharply with the Sensex, which has gained 7.89% and 4.19% respectively during the same periods. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, Plada Infotech's short-term performance has been notably poor compared to the benchmark Sensex, which has only declined by 1.42% over the past week while Plada Infotech has dropped by 5.54%. This stark contrast highlights the stock's underperformance relative to the market. Despite a rise in investor participation, with delivery volume increasing by 42.86% on November 3rd, the overall sentiment remains negative as the stock continues to struggle against both its historical performance and the broader market trends.