Why is Shigan Quantum falling/rising?

As of 10-Oct, Shigan Quantum Technologies Ltd is experiencing a decline in its stock price, currently at 65.75, which reflects a decrease of 2.9 or 4.22%. The stock has underperformed significantly, with a performance today that is lower than the sector by 4.25%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week and month, the stock has seen a decline of 8.68%, while year-to-date, it has dropped by 41.81%. Despite this, there has been a rise in investor participation, with a delivery volume increase of 11.11% against the 5-day average, suggesting some interest in the stock despite its overall negative performance.
In the broader market context, the Sensex has shown positive movement, gaining 1.57% over the past week and 1.25% over the past month, contrasting sharply with Shigan Quantum's declines. Year-to-date, while the Sensex has increased by 6.94%, Shigan Quantum has suffered a substantial drop, highlighting its underperformance relative to the benchmark. This stark difference in performance may be contributing to the stock's downward pressure, as investors may be favoring more stable options in the market. The absence of any positive factors in the dashboard further emphasizes the challenges faced by Shigan Quantum in the current market environment.