Why is Tracxn Technolo. falling/rising?

As of 05-Sep, Tracxn Technologies Ltd is experiencing a decline in its stock price, currently at Rs 50.17, which represents a decrease of Rs 1.03 or 2.01%. The stock has underperformed its sector by 0.8% today and is 4.33% away from its 52-week low. Over the past week, the stock has shown a slight increase of 1.44%, but it has significantly underperformed over the longer term, with a year-to-date decline of 35.16% and a one-year return of -46.79%. The company's fundamentals are concerning, as it has a very high Price to Book Value ratio and has seen profits fall by 236.8% over the past year. Additionally, institutional investor participation has decreased, indicating a lack of confidence in the stock's future performance.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.13% over the past week and 3.29% year-to-date. While Tracxn Technologies has seen a rise in investor participation with a significant increase in delivery volume, the overall sentiment remains negative due to poor long-term growth prospects and flat quarterly results. The stock's high valuation compared to its peers and the declining stake of institutional investors further contribute to its downward trajectory, suggesting that the market is reacting to these negative indicators rather than the recent uptick in trading volume.