Why is Spandana Sphoort falling/rising?

As of 08-Aug, Spandana Sphoorty Financial Ltd is experiencing a decline in its stock price, currently at Rs 244.90, which reflects a decrease of Rs 7.15 or 2.84%. The stock has underperformed its sector by 2.13% today, with an intraday low of Rs 243, marking a drop of 3.59%. Over the past week, the stock has fallen by 5.63%, and it has shown significant declines over longer periods, including a 25.77% drop year-to-date and a staggering 58.84% decline over the past year. The stock is currently trading below all key moving averages, indicating a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 16.3% compared to the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, Spandana Sphoorty's recent performance contrasts sharply with the benchmark Sensex, which has only decreased by 0.92% over the past week. This underperformance is evident as the stock has declined significantly more than the benchmark over various time frames, including a 58.84% drop in the last year compared to a modest 1.23% gain in the Sensex. The liquidity of the stock remains adequate for trading, but the overall negative sentiment and substantial underperformance relative to the market indicate that investors may be cautious about the company's prospects.