Why is Quint Digital falling/rising?

As of 04-Nov, Quint Digital Media Ltd is experiencing a decline in its stock price, currently at Rs. 42.33, which represents a decrease of Rs. 1.65 or 3.75%. The stock has hit a new 52-week low today and has underperformed its sector by 4.07%. Over the past two days, it has seen a consecutive fall, totaling a decline of 5.3%. The stock opened with a loss of 2% and reached an intraday low of Rs. 42.33. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 19.93% compared to the 5-day average, suggesting reduced investor participation.
In the broader market context, Quint Digital's performance over the past week shows a decline of 2.29%, while the Sensex has only fallen by 1.38%, indicating that the stock is underperforming relative to the benchmark. Over the past month, Quint Digital has seen a substantial drop of 19.40%, contrasting sharply with the Sensex's gain of 2.77%. Year-to-date, the stock has plummeted by 47.57%, while the benchmark has risen by 6.81%. This stark difference in performance highlights the challenges faced by Quint Digital in the current market environment, contributing to its ongoing decline.