Why is Zeal Global Serv falling/rising?

As of 09-Sep, Zeal Global Services Ltd is experiencing a decline in its stock price, currently at Rs. 113.95, which represents a decrease of Rs. 1.9 or 1.64%. The stock has hit a new 52-week low today, indicating significant downward pressure. It has underperformed its sector by 1.23% 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 2.19%, and its year-to-date performance shows a substantial decline of 34.89%. Although there has been a notable increase in investor participation, with delivery volume rising by 106.9% against the 5-day average, the overall sentiment remains negative, as there are no positive factors available to counterbalance the stock's recent performance.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.18% over the past week, Zeal Global Services Ltd's performance has been significantly weaker. The Sensex has also shown a positive return of 2.07% over the past month, while Zeal's stock has decreased by 6.90% in the same period. This stark contrast highlights the challenges faced by Zeal Global Services Ltd in the current market environment, where it has not only lagged behind the broader market but also struggled to maintain investor confidence amidst its declining stock price.