Why is Smartlink Hold. falling/rising?

As of 12-Aug, Smartlink Holdings Ltd is experiencing a decline in its stock price, currently at Rs 145.00, which reflects a decrease of Rs 25.8 or 15.11%. Today's price summary indicates that the stock has underperformed its sector by 14.19% and has fallen after three consecutive days of gains. It opened significantly lower, with a loss of 15.13%, and reached an intraday low of Rs 141.5, marking a decline of 17.15%. The stock's performance over the past week shows a slight increase of 2.84%, but it has underperformed over the longer term, with a year-to-date decline of 26.32% and a one-year drop of 47.45%. Notably, there has been a rise in investor participation, with delivery volume increasing by 26.42% against the five-day average, indicating some interest despite the overall downward trend.
In the broader market context, the Sensex has shown a slight decline of 0.59% over the past week, while Smartlink's performance has been more volatile. The stock's recent movement contrasts with the benchmark's year-to-date gain of 2.68% and a one-year increase of 0.74%. This suggests that while the market has been relatively stable, Smartlink Holdings Ltd has struggled significantly, particularly over the longer term. The liquidity of the stock remains adequate for trading, but the overall negative sentiment and poor performance relative to both its sector and the benchmark have contributed to its current decline.