Why is Southern Infocon falling/rising?

As of 15-Oct, Southern Infoconsultants Ltd is experiencing a decline in its stock price, currently at Rs 23.40, which reflects a decrease of Rs 1.22 or 4.96%. The stock has been underperforming, having lost 11.13% over the last three days, and is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, the stock's performance over the past week shows a significant drop of 8.45%, while it has fallen 25.74% over the past month. Despite a day’s high of Rs 25.39, the stock's low of Rs 23.39 indicates a volatile trading session. Notably, there has been a rise in investor participation, with delivery volume increasing by 402.55% against the 5-day average, suggesting some interest despite the overall downward trend.
In the broader market context, Southern Infoconsultants Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.02% over the past week and 1.00% over the past month. This underperformance indicates that while the market is generally stable or rising, Southern Infoconsultants is struggling significantly. The stock's year-to-date performance shows a decline of 10.82%, while the Sensex has increased by 5.72%, further highlighting the disparity in performance. Overall, the combination of declining stock price, negative short-term returns, and the stock's inability to keep pace with the benchmark reflects a challenging environment for Southern Infoconsultants Ltd.