Why is Trident Techlabs falling/rising?

As of 16-Jun, Trident Techlabs Ltd is experiencing a decline in its stock price, currently at 498.70, reflecting a decrease of 8.65 points or 1.7%. The stock has underperformed its sector by 1.94% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 74.69% compared to the 5-day average. Over the past week, the stock has decreased by 1.23%, while it has shown a modest increase of 1.49% over the past month. However, the year-to-date performance is concerning, with a substantial decline of 61.56%, contrasting sharply with the Sensex's gain of 5.51%.
In the broader market context, Trident Techlabs' recent performance is notably weaker than the benchmark, as indicated by its negative returns over various periods compared to the Sensex. While the Sensex has shown resilience with a 6.31% increase over the past year, Trident Techlabs has faced a decline of 21.91% in the same timeframe. This underperformance highlights the challenges the company is facing in attracting investor interest and maintaining liquidity, which may be contributing to the stock's downward trajectory.