Why is SGN Telecoms falling/rising?

As of 21-Jul, SGN Telecoms Ltd is currently priced at 0.71, reflecting a decrease of 0.01 or 1.39%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.05% over the past week. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while the stock has seen a rise in delivery volume by 63.31% against the 5-day average, this has not translated into positive price movement. The stock's year-to-date performance shows a decline of 4.05%, contrasting sharply with the Sensex, which has gained 5.20% over the same period.
In the broader market context, SGN Telecoms' recent performance is notably weaker than the benchmark, as it has underperformed the Sensex by 4.05% over the last week and 7.79% over the past month. The Sensex has shown resilience with only a minor decline of 0.06% in the same week and a slight drop of 0.25% over the month. This disparity highlights the challenges SGN Telecoms faces in attracting investor confidence compared to the overall market, which may be contributing to its declining stock price. The absence of any positive factors in the dashboard further emphasizes the stock's struggles in the current market environment.