Why is Updater Services falling/rising?

As of 06-Nov, Updater Services Ltd is experiencing a decline in its stock price, currently at Rs 202.30, which represents a decrease of Rs 29.3 or 12.65%. The stock has been underperforming significantly, having fallen by 15.02% over the past week and 19.11% over the past month. Today, it hit a new 52-week low of Rs 199 and has been on a consecutive downward trend for the last four days. The stock opened with a loss of 3.73% today and has shown high volatility with an intraday fluctuation of 8.7%. Despite a low debt-to-equity ratio and an attractive valuation indicated by a 12.4% return on equity, the company reported negative results in its latest quarterly earnings, with a 34.8% decline in profit after tax compared to the previous four-quarter average, contributing to the stock's poor performance. In the broader market context, the stock's performance contrasts sharply with the Sensex, which has only declined by 1.30% over the past week. This indicates that Updater Services is underperforming relative to the market. The stock's year-to-date return of -46.65% and one-year return of -53.31% further highlight its struggles, particularly as it has consistently lagged behind the BSE500 index. Although mutual funds have increased their holdings in the company, the overall sentiment remains negative due to the company's recent financial performance and declining investor participation, which has seen a 17.27% drop in delivery volume against the five-day average.