Why is Tracxn Technolo. falling/rising?

As of 14-Aug, Tracxn Technologies Ltd is experiencing a decline in its stock price, currently at Rs 51.11, which reflects a decrease of Rs 1.09 or 2.09%. The stock has been underperforming significantly, having fallen consecutively for the last six days, resulting in a total decline of 10.68% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The company has shown poor long-term growth, with net sales increasing at an annual rate of only 8.37% over the past five years, and its return on equity (ROE) is currently negative at -14.7%. Furthermore, institutional investors have reduced their stakes, indicating a lack of confidence in the stock's future performance.
In the broader market context, Tracxn Technologies Ltd has underperformed compared to the Sensex, which has seen a minimal decline of only 0.03% over the past week, while Tracxn's stock has dropped by 10.18%. This stark contrast highlights the stock's struggles not only in the short term but also over the past year, where it has generated a return of -44.77%, compared to the Sensex's positive return of 1.89%. The combination of falling institutional participation and disappointing financial metrics has contributed to the stock's negative trajectory, further exacerbating its underperformance relative to the broader market.