Why is ATV Projects falling/rising?

As of 06-Nov, ATV Projects India Ltd is experiencing a decline in its stock price, currently at Rs 30.30, which reflects a decrease of Rs 1.42 or 4.48%. The stock has been underperforming, having lost 6.05% over the last two days and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Today, the stock opened with a gain of 2.14% but quickly fell to an intraday low of Rs 29.1, indicating high volatility with an intraday fluctuation of 5.37%. Additionally, the delivery volume has significantly decreased by 67.57% compared to the 5-day average, suggesting a decline in investor participation.
In the broader market context, ATV Projects has underperformed the Sensex, which has shown a decline of only 1.30% over the past week while ATV has dropped 3.13%. Year-to-date, ATV's performance is notably worse, with a decline of 20.89% compared to the Sensex's gain of 6.62%. This stark contrast highlights the stock's struggles in a generally more favorable market environment. Overall, the combination of high volatility, declining investor interest, and poor relative performance against the benchmark contributes to the stock's downward movement.