Why is Shradha AI Tech falling/rising?

As of 29-Aug, Shradha AI Technologies Ltd is experiencing a decline in its stock price, currently at 40.59, which reflects a decrease of 0.79 or 1.91%. The stock has underperformed its sector by 2.54% today, and its delivery volume has significantly dropped by 42.59% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 2.40%, and it has shown a substantial year-to-date decline of 26.86%, contrasting sharply with the Sensex, which has gained 2.14% during the same period. The stock is currently trading higher than its 5-day, 50-day, and 100-day moving averages but lower than its 20-day and 200-day moving averages, suggesting mixed momentum.
In the broader market context, Shradha AI Technologies Ltd's recent performance has been weaker than the benchmark, as it has underperformed the Sensex by 0.56% over the past week. While the stock has shown a positive return of 28.87% over the past year, the significant year-to-date decline indicates ongoing challenges that may be affecting investor sentiment. The overall market has been relatively stable, with the Sensex only declining by 1.84% over the past week and 1.88% over the past month, suggesting that the issues impacting Shradha AI Technologies Ltd may be more company-specific rather than reflective of broader market trends.