Why is Xchanging Sol. falling/rising?

As of 06-Aug, Xchanging Solutions Ltd is experiencing a decline in its stock price, currently at Rs 83.80, which represents a decrease of 2.44 points or 2.83%. The stock has been underperforming, having lost 8.42% over the last six days and consistently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's performance today has underperformed its sector by 1.97%. In terms of returns, the stock has seen a significant drop of 25.01% year-to-date and a 31.09% decline over the past year, contrasting sharply with the Sensex, which has gained 3.08% and 2.48% respectively during the same periods. While there has been a rise in investor participation, with a 30.07% increase in delivery volume, the overall negative trends in price movement and returns indicate a challenging environment for the stock.
Broader Market Context: In comparison to the benchmark, Xchanging Solutions Ltd has significantly underperformed, with a 1-week return of -6.79% against the Sensex's -1.15%, and a 1-month return of -16.12% compared to the Sensex's -3.46%. This stark contrast highlights the stock's struggles relative to the broader market, which has shown more resilience. The liquidity of the stock remains adequate for trading, but the persistent downward trend and the stock's inability to recover in the face of broader market gains suggest that investor sentiment is currently negative, contributing to the ongoing decline in its price.