Why is Guj. Petrosynth. falling/rising?

As of 03-Nov, Gujarat Petrosynthese Ltd's stock price is currently at Rs 61.00, reflecting a decrease of Rs 1.23 or 1.98%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.69% during this period. Although it opened with a gain of 6.06% today and reached an intraday high of Rs 66, it also touched a low of Rs 60.5. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a decline in investor participation, with delivery volume falling by 3.87% compared to the 5-day average, suggesting waning interest among investors.
In the broader market context, Gujarat Petrosynthese Ltd's short-term performance has been notably weaker than the benchmark Sensex, which has shown a decline of only 0.94% over the past week compared to the stock's 2.09% drop. Over the last month, the stock has decreased by 8.34%, while the Sensex has gained 3.41%, further highlighting the stock's underperformance. Year-to-date, the stock has declined by 10.95%, contrasting sharply with the Sensex's increase of 7.47%. This disparity indicates that while the overall market may be experiencing growth, Gujarat Petrosynthese Ltd is struggling to maintain investor confidence, contributing to its recent price decline.