Why is SGN Telecoms falling/rising?

As of 28-Jul, SGN Telecoms Ltd is experiencing a decline in its stock price, currently at 0.71, which reflects a decrease of 0.01 or 1.39%. The stock has underperformed its sector by 1.2% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly decreased by 50.16% compared to the 5-day average, suggesting a drop in investor participation. Over the past month, the stock has fallen by 5.33%, while its year-to-date performance shows a decline of 4.05%. The one-year return is particularly concerning, with a drop of 26.04%, indicating a long-term downtrend.
In the broader market context, SGN Telecoms' recent performance contrasts with the Sensex, which has declined by 1.59% over the past week and 3.77% over the past month. While the benchmark has shown a slight recovery year-to-date with a gain of 3.52%, SGN Telecoms has not followed suit, highlighting its relative weakness. The stock's performance over the last three years shows a minor decline of 1.39%, while the Sensex has surged by 42.27%, further emphasizing the underperformance of SGN Telecoms in comparison to the overall market.