Why is Quadpro ITeS falling/rising?

As of 19-Aug, Quadpro ITeS Ltd is experiencing a decline in its stock price, currently at Rs. 2.95, which represents a decrease of 0.15 or 4.84%. The stock has hit a new 52-week low today and is underperforming its sector by 5.19%. Additionally, Quadpro ITeS is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has seen a significant drop of 9.23%, and its year-to-date performance shows a decline of 32.18%. Despite a notable increase in investor participation, with delivery volume rising by 400% against the 5-day average, the overall sentiment remains negative, contributing to the stock's recent downward movement.
In the broader market context, the Sensex has shown a positive return of 2.01% over the past week, contrasting sharply with Quadpro ITeS's performance. While the benchmark has gained 5.65% year-to-date, Quadpro ITeS has struggled significantly, with a year-to-date decline of 32.18%. This stark difference highlights the stock's underperformance relative to the market, indicating that broader market trends are not favoring Quadpro ITeS at this time. The lack of available positive factors further emphasizes the challenges the company faces in improving its stock price amidst a generally favorable market environment.