Why is Pace E-Commerce falling/rising?

As of 04-Jul, Pace E-Commerce Ventures Ltd is experiencing a decline in its stock price, currently at 23.40, which reflects a decrease of 0.18 or 0.76%. The stock has underperformed in the short term, with a 1-week return of -2.42%, while the benchmark Sensex has only declined by 0.74%. Additionally, the stock's performance today indicates it has outperformed its sector by 1.19%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 37.5% compared to the 5-day average, indicating reduced interest in the stock.
In the broader market context, while the Sensex has shown a positive return of 3.01% over the past month and 6.77% year-to-date, Pace E-Commerce has faced substantial declines, with a year-to-date drop of 30.56%. This stark contrast highlights the company's struggles relative to the overall market performance. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could influence a turnaround for the stock. Overall, the combination of poor short-term performance, declining investor interest, and a significant underperformance compared to the benchmark suggests that the stock is facing ongoing challenges.