Why is SagarSoft (India falling/rising?

As of 07-Nov, SagarSoft (India) Ltd is experiencing a decline in its stock price, currently at Rs. 99.60, reflecting a decrease of Rs. 6.65 or 6.26%. The stock has hit a new 52-week low of Rs. 97.1 today and has been on a downward trend, losing 12.59% over the past week. Despite opening with a gain of 11.44% and reaching an intraday high of Rs. 118.4, it has also seen significant volatility, trading within a wide range of Rs. 21.3. The stock has underperformed its sector by 6% today and has been consistently falling for the last four days. Additionally, it is trading below all major moving averages, indicating a bearish trend. There is a slight positive note with rising investor participation, as delivery volume increased by 44.74% against the 5-day average, but overall, the stock's performance remains weak.
In the broader market context, SagarSoft's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.86% over the past week. The stock's year-to-date return is significantly negative at -49.44%, while the Sensex has gained 6.50% in the same period. This stark difference highlights the challenges SagarSoft faces compared to the overall market. The stock's poor performance relative to the benchmark and its recent volatility suggest a lack of investor confidence, further exacerbated by its substantial losses over longer periods, including a 46.75% decline over the past year.