Why is Telogica falling/rising?

As of 18-Nov, Telogica Ltd's stock price is currently at 11.61, reflecting a decrease of 0.61, or 4.99%. The stock has been on a downward trend, having underperformed its sector by 3.04% today and experiencing consecutive losses for the last eight days, resulting in a total decline of 19.54% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 45.31% and a one-year drop of 47.25%. While there has been a significant increase in investor participation, with delivery volume rising by 282.73% against the five-day average, the stock is still trading below all its moving averages, indicating a bearish sentiment.
In the broader market context, Telogica's recent performance contrasts sharply with the Sensex, which has gained 0.96% over the past week and 8.36% year-to-date. This stark difference highlights the stock's struggle relative to the overall market, as it has underperformed significantly compared to the benchmark. The negative sentiment surrounding Telogica is further emphasized by its substantial losses over the past year, while the Sensex has posted gains. This divergence suggests that investor confidence in Telogica is waning, contributing to its declining stock price.