Why is Pace E-Commerce falling/rising?

As of 10-Nov, Pace E-Commerce Ventures Ltd is experiencing a decline in its stock price, currently at Rs 21.54, which reflects a decrease of Rs 0.4 or 1.82%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.53% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 2.97% away from Rs 20.9. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 21.2% compared to the five-day average, which suggests waning interest among investors.
In the broader market context, the stock's performance over the past week shows a decline of 6.10%, while the benchmark Sensex has only decreased by 0.53%, highlighting a significant underperformance relative to the market. Over the past month, the stock has also decreased by 3.02%, contrasting with a 1.25% increase in the Sensex. Year-to-date, Pace E-Commerce has seen a staggering decline of 36.08%, while the benchmark has risen by 6.91%. This stark contrast in performance further emphasizes the challenges faced by the company in the current market environment.