Why is Spectrum Talent falling/rising?

As of 07-Nov, Spectrum Talent Management Ltd is experiencing a decline in its stock price, currently at Rs. 90.00, reflecting a decrease of Rs. 1.25 or 1.37%. The stock has hit a new 52-week low of Rs. 87.55 today, indicating significant downward pressure. Despite outperforming its sector by 2.09% today, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past week, the stock has decreased by 3.33%, and it has seen a substantial year-to-date decline of 53.16%. However, there has been a notable increase in investor participation, with delivery volume rising by 47.06% against the 5-day average, which may indicate some interest despite the overall negative performance.
In the broader market context, the Sensex has shown a slight decline of 0.89% over the past week, contrasting with Spectrum Talent's more significant drop. While the benchmark has gained 1.53% over the past month, Spectrum Talent has fallen by 5.36%, highlighting its underperformance relative to the market. The stark difference in year-to-date returns, with the Sensex up by 7.81% while Spectrum Talent is down by 53.16%, further emphasizes the challenges the company is facing in the current market environment. Overall, the combination of hitting a new low, trading below key moving averages, and significant year-to-date losses contributes to the stock's downward trajectory.