Why is Updater Services falling/rising?

As of 15-Oct, Updater Services Ltd is experiencing a decline in its stock price, currently at Rs. 236.20, which reflects a decrease of Rs. 2.9 or 1.21%. The stock has hit a new 52-week low of Rs. 235.05 today and has been on a downward trend, losing value for the past six consecutive days, resulting in a total decline of 6.55% during this period. In terms of performance against benchmarks, the stock has underperformed significantly, with a year-to-date return of -37.71% compared to a 5.72% gain in the broader market. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The delivery volume has also decreased by 21.24% against the five-day average, suggesting falling investor participation.
In the broader market context, while the Sensex has shown a positive return of 1.02% over the past week, Updater Services has seen a sharp decline of 6.16%, highlighting its underperformance. The company has a low debt-to-equity ratio and has shown healthy long-term growth in operating profit, but these positives are overshadowed by recent flat results and a decrease in institutional investor participation, which has fallen by 1.61%. The stock's poor performance over the past year, coupled with the fact that it has underperformed the BSE500 in multiple time frames, further contributes to the negative sentiment surrounding it.