Why is Olympic Cards falling/rising?

As of 18-Nov, Olympic Cards Ltd is experiencing a decline in its stock price, currently at 2.85, which reflects a decrease of 0.25 or 8.06%. The stock has underperformed its sector by 7.58% today and has fallen after two consecutive days of gains. It 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 significant drop in investor participation, with delivery volume falling by 83.41% compared to the 5-day average. The stock has also shown poor performance over various time frames, with a year-to-date decline of 27.85% and a 1-year decline of 20.17%, further contributing to the negative sentiment surrounding it.
In the broader market context, the Sensex has shown positive returns, gaining 0.96% over the past week and 8.36% year-to-date, contrasting sharply with Olympic Cards' performance. This divergence highlights the stock's struggle against a generally rising market, which may lead to increased investor caution. The stock's significant underperformance relative to the benchmark suggests that investors are losing confidence, exacerbated by the recent drop in trading volume and the overall negative trend in its price movements.