Why is SGN Telecoms falling/rising?

As of 16-Jul, SGN Telecoms Ltd is experiencing a decline in its stock price, currently at 0.74, which reflects a decrease of 0.03 or 3.9%. The stock has underperformed its sector by 3.56% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has decreased significantly, falling by 29.93% compared to the 5-day average, indicating a drop in investor participation. Over the past week, the stock has declined by 3.90%, while it has seen a more substantial drop of 16.85% over the past month and 9.76% over the past year, contrasting with the benchmark Sensex, which has shown positive returns in those periods.
In the broader market context, SGN Telecoms' recent performance is notably weaker compared to the Sensex, which has only declined by 1.08% over the past week and has gained 5.75% year-to-date. This underperformance may reflect broader market trends, where the benchmark has been more resilient. The lack of available positive or negative factors further complicates the analysis, as there are no specific catalysts identified that could explain the stock's decline. Overall, the combination of poor trading performance, reduced investor engagement, and unfavorable comparisons to the benchmark suggests a challenging environment for SGN Telecoms at this time.