Why is Pacific Inds falling/rising?

As of 02-Sep, Pacific Industries Ltd is currently priced at 177.45, showing no change (0.00%). The stock has recently hit a new 52-week low of Rs.175 and has underperformed its sector by 1.6%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 3.30%, and its performance over the last month shows a significant drop of 18.11%. Year-to-date, the stock has decreased by 42.56%, while its one-year return stands at a decline of 35.55%. Despite these negative trends, there has been a rise in investor participation, with delivery volume increasing by 9.3% against the 5-day average, suggesting some interest in the stock despite its overall poor performance.
In the broader market context, the Sensex has experienced a slight decline of 0.78% over the past week and a marginal drop of 0.55% over the last month, indicating that the market is generally weak but not as severely as Pacific Industries. The stock's year-to-date performance is notably worse than the Sensex, which has gained 2.58% during the same period. This stark contrast highlights the challenges faced by Pacific Industries in attracting investor confidence compared to the broader market. Overall, the combination of poor stock performance, underwhelming returns relative to the benchmark, and the recent new low suggests that Pacific Industries is struggling significantly in the current market environment.