Why is Globe Commercial falling/rising?

As of 06-Oct, Globe Commercials Ltd is experiencing a decline in its stock price, currently at Rs 28.00, which represents a decrease of Rs 1.22 or 4.18%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 11.92% during this period. Although the stock opened with a gain of 3.52% today and reached an intraday high of Rs 30.25, it subsequently fell to a low of Rs 27.76. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The recent delivery volume has increased significantly, suggesting rising investor participation, but overall performance remains weak as the stock has underperformed its sector by 3.52%.
In the broader market context, Globe Commercials Ltd has shown a significant decline in its short-term returns, with a 9.91% drop over the past week, while the benchmark Sensex has increased by 1.77% during the same period. Year-to-date, the stock has decreased by 27.84%, contrasting sharply with the Sensex's gain of 4.67%. This stark difference highlights the stock's struggles relative to the overall market, contributing to investor sentiment that may be driving the price down. The lack of positive factors in the dashboard further emphasizes the challenges the company faces in regaining investor confidence amidst a rising market.