Why is Tridhya Tech falling/rising?

As of 08-Sep, Tridhya Tech Ltd is currently priced at 16.40, reflecting a slight increase of 0.05 or 0.31%. Despite this minor uptick, the stock has shown a negative performance trend, with a 1-week decline of 2.67% and a 1-month decline of 8.64%. The stock is trading close to its 52-week low, just 1.22% above the low of Rs 16.2. Additionally, it is underperforming against its moving averages across various time frames, indicating a bearish trend. The delivery volume has also decreased by 6.25% compared to the 5-day average, suggesting falling investor participation, which may contribute to the stock's recent struggles.
In the broader market context, Tridhya Tech's performance has been notably weaker than the benchmark Sensex, which has gained 0.60% over the past week and 1.68% over the past month. Year-to-date, Tridhya Tech has plummeted by 56.90%, while the Sensex has risen by 4.77%. This stark contrast highlights the challenges faced by Tridhya Tech in attracting investor interest and maintaining momentum, especially in a market that is generally performing better. The lack of available positive or negative factors further complicates the outlook for the stock, leaving it vulnerable to continued volatility.