Why is Quint Digital falling/rising?

As of 22-Sep, Quint Digital Media Ltd's stock price is currently at Rs 52.59, reflecting a decrease of Rs 1.2 or 2.23%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 8.84% during this period. Although it opened with a gain of 4.11% today and reached an intraday high of Rs 56, it also touched a low of Rs 51.5, indicating significant volatility. The stock's performance over the past week shows a slight decline of 0.30%, while it has experienced a more substantial drop of 34.86% year-to-date. Additionally, the stock's delivery volume has decreased by 7.7% compared to the five-day average, suggesting a decline in investor participation, which may contribute to the downward pressure on the stock price.
Broader market context indicates that while the Sensex has gained 0.46% over the past week, Quint Digital's performance has lagged behind, highlighting its underperformance relative to the benchmark. The stock's year-to-date performance is particularly concerning, with a decline of 34.86% compared to a 5.15% increase in the Sensex. This stark contrast suggests that broader market conditions are favoring other investments, further exacerbating the challenges faced by Quint Digital. The stock's moving averages indicate mixed signals, being higher than the 20-day and 50-day averages but lower than the 5-day, 100-day, and 200-day averages, which may reflect a lack of sustained upward momentum.