Why is Subex falling/rising?

As of 07-Aug, Subex Ltd's stock price is currently at 12.27, reflecting a decrease of 0.45, or 3.54%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.96% during this period. Additionally, Subex's performance over the past week shows a significant drop of 6.97%, and it has experienced a steep decline of 44.07% year-to-date. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 38.45% against the 5-day average, the overall sentiment remains negative, and no positive factors are noted to counteract this trend.
In the broader market context, Subex's recent performance contrasts sharply with the Sensex, which has only declined by 0.69% over the past week. The stock's year-to-date performance is particularly concerning, as it has plummeted by 44.07%, while the Sensex has gained 3.18% in the same timeframe. This stark difference highlights the challenges Subex faces relative to the overall market, further exacerbated by its significant underperformance over the past year, where it has dropped 60.79% compared to a modest 1.45% increase in the Sensex. The liquidity of the stock remains adequate for trading, but the prevailing negative trends suggest a lack of confidence among investors.