Why is Smartlink Hold. falling/rising?

As of 28-Aug, Smartlink Holdings Ltd is currently priced at Rs 146.00, reflecting a decrease of Rs 1.3 or 0.88%. The stock has been experiencing a consecutive decline over the last two days, with a total drop of 0.92% during this period. It has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 54.25% compared to the 5-day average. The stock's performance over the past year shows a substantial decline of 41.61%, while it has also underperformed year-to-date with a decrease of 25.81%.
In the broader market context, Smartlink Holdings Ltd's short-term performance over the past week shows a decline of 2.18%, which is slightly better than the Sensex's decline of 2.34%. However, the stock's year-to-date performance starkly contrasts with the Sensex, which has gained 2.48%. This underperformance relative to the benchmark, combined with the recent price movements and reduced trading activity, suggests a challenging environment for Smartlink Holdings Ltd. The absence of any positive factors further emphasizes the difficulties the stock is facing in the current market landscape.