Why is PS IT Infra falling/rising?

As of 30-Jun, PS IT Infrastructure & Services Ltd is experiencing a decline in its stock price, currently at Rs. 0.90, which reflects a decrease of Rs. 0.01 or 1.1%. The stock has hit a new 52-week and all-time low today, and it has been underperforming significantly, with a consecutive fall over the last 16 days resulting in a total decline of 21.74%. Additionally, the stock has shown poor performance over various periods, with a year-to-date drop of 72.22% and a staggering 93.31% decline over the past year. Despite a rise in investor participation, as indicated by a 56.34% increase in delivery volume, the stock remains below all key moving averages, suggesting a persistent downward trend.
In contrast, the broader market, represented by the Sensex, has shown positive returns, gaining 2.09% over the past week and 7.00% year-to-date. This stark contrast highlights the stock's underperformance relative to the benchmark. While the sector has seen an overall gain of 2.38%, PS IT Infra's significant losses indicate that it is not benefiting from the positive market conditions. The absence of any positive factors in the dashboard further emphasizes the challenges the company faces, contributing to the ongoing decline in its stock price.