Why is Tridhya Tech falling/rising?

As of 17-Sep, Tridhya Tech Ltd is experiencing a decline in its stock price, currently at Rs. 16.00, which reflects a decrease of Rs. 0.3 or 1.84%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. It has underperformed its sector by 2.49% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.03%, and it has seen a substantial year-to-date decline of 57.95%. Despite a rise in investor participation, with delivery volume increasing by 50% against the 5-day average, the overall performance remains weak, and no positive factors are available to counterbalance the negative trends.
In the broader market context, Tridhya Tech's recent performance contrasts sharply with the Sensex, which has gained 1.43% over the past week and 2.84% over the past month. While the benchmark has shown resilience, Tridhya Tech's significant declines over various time frames, including an 8.31% drop in the last month and a staggering 51.59% decrease over the past year, highlight its struggles in comparison to the overall market. The liquidity of the stock remains adequate for trading, but the persistent underperformance suggests that investor sentiment is currently unfavorable towards Tridhya Tech Ltd.