Why is Tridhya Tech falling/rising?

As of 04-Sep, Tridhya Tech Ltd's stock price is currently at Rs 16.85, reflecting a decrease of Rs 0.15 or 0.88%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.86% away from Rs 16.2. The delivery volume has significantly decreased by 46.43% compared to the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has dropped by 2.60%, and it has experienced a substantial year-to-date decline of 55.72%, while the benchmark Sensex has increased by 4.61%.
In the broader market context, Tridhya Tech's recent performance contrasts sharply with the Sensex, which has shown positive returns both in the short term and year-to-date. While the Sensex has gained 0.95% over the past week, Tridhya Tech's negative performance highlights a significant underperformance relative to the market. This divergence indicates that investor sentiment towards Tridhya Tech is weak, further exacerbated by the falling liquidity and lack of positive factors to drive interest in the stock.