Why is Indl.& Prud.Inv. falling/rising?

As of 13-Oct, Industrial & Prudential Investment Company Ltd is experiencing a decline in its stock price, currently at 6,120.10, reflecting a decrease of 184.9 points or 2.93%. The stock has underperformed its sector by 3.86% today and has been on a consecutive downward trend for the last two days, with a total decline of 2.94% during this period. Although the stock opened with a gain of 2.14% and reached an intraday high of Rs 6,439.85, it also hit a low of Rs 6,100, indicating significant volatility. The stock's performance over the past week shows a decline of 5.84%, and over the past month, it has fallen by 6.82%. Additionally, it is trading below all key moving averages, which suggests a bearish trend. There is a notable decrease in investor participation, with delivery volume dropping by 29.37% compared to the five-day average, indicating waning interest among investors.
Broader market context reveals that while the Sensex has shown a slight increase of 0.66% over the past week, Industrial & Prudential Investment Company Ltd's performance has been significantly weaker, highlighting a divergence from the broader market trend. Year-to-date, the stock has gained only 0.49%, compared to the Sensex's 5.36% increase, and over the past year, it has declined by 14.40% while the benchmark has risen by 1.16%. This underperformance relative to the benchmark indicates that investor sentiment towards the stock is currently negative, further exacerbated by the recent declines and lower trading volumes.