Why is Shigan Quantum falling/rising?

As of 11-Sep, Shigan Quantum Technologies Ltd is experiencing a decline in its stock price, currently at 71.00, reflecting a decrease of 1.0 or 1.39%. The stock has underperformed its sector by 1.52% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 25% compared to the 5-day average. Over the past week, the stock has decreased by 1.93%, and it has seen a substantial decline of 37.17% year-to-date, indicating ongoing challenges for the company. In the broader market context, the Sensex has shown positive movement, gaining 1.10% over the past week and 5.75% year-to-date, contrasting sharply with Shigan Quantum's negative returns. This divergence suggests that while the overall market is performing well, Shigan Quantum is struggling significantly, as evidenced by its one-year return of -47.31% compared to the Sensex's modest gain of 0.35%. The lack of available positive factors further emphasizes the challenges facing the company, contributing to its recent price decline.