Why is Pace E-Commerce falling/rising?

As of 27-Oct, Pace E-Commerce Ventures Ltd is experiencing a decline in its stock price, currently at Rs 25.60, which represents a decrease of 5.96 or 18.88%. Today's price summary indicates that the stock has underperformed its sector by 19.93% and has reversed its trend after four consecutive days of gains. The stock reached an intraday high of Rs 32.57 but also touched a low of Rs 25.25, showcasing significant volatility with an intraday range of Rs 7.32. Despite this drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 425.84% against the 5-day average.
In the broader market context, the stock's performance over the past week shows a gain of 2.85%, which is significantly higher than the Sensex's increase of 0.49%. However, the year-to-date performance reveals a stark contrast, with Pace E-Commerce down 24.04% compared to the Sensex's rise of 8.50%. This indicates that while the stock has had some short-term gains, its overall performance remains weak relative to the benchmark, contributing to the current downward pressure on its price.