Why is Comfort Comtrade falling/rising?

As of 08-Oct, Comfort Comtrade Ltd is experiencing a decline in its stock price, currently at Rs 27.92, which reflects a decrease of Rs 1.32 or 4.51%. Today's trading saw the stock open with a gain of 5.92%, reaching an intraday high of Rs 30.97, but it subsequently fell to a low of Rs 27, resulting in a wide trading range of Rs 3.97. The stock has underperformed its sector by 3.97% today and is trading below all key moving averages, indicating a bearish trend. Additionally, despite the drop, there has been a significant increase in investor participation, with delivery volume rising by 344.46% compared to the five-day average, suggesting some interest in the stock despite its recent performance. The stock's year-to-date return is notably poor at -39.23%, contrasting sharply with the Sensex's positive return of 4.65%.
In the broader market context, Comfort Comtrade's short-term performance has been significantly weaker than the benchmark, as it has declined by 6.93% over the past week while the Sensex has gained 0.98%. This underperformance is indicative of the stock's struggles relative to the overall market, which may be affecting investor sentiment. The high volatility observed today, with an intraday volatility of 6.83%, further underscores the uncertainty surrounding the stock's future performance. Overall, the combination of poor recent returns, high volatility, and the stock trading below key moving averages contributes to the downward pressure on Comfort Comtrade's stock price.