Why is Pagaria Energy falling/rising?

As of 16-Sep, Pagaria Energy Ltd's stock price is currently at 12.09, reflecting a decrease of 0.63, or 4.95%. The stock has been on a downward trend, having underperformed its sector by 4.7% today and experiencing a consecutive fall over the last 12 days, resulting in a significant decline of 25.14% during this period. Despite the stock being higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 357.55% against the 5-day average, indicating some level of interest despite the price drop. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Pagaria Energy's recent performance contrasts sharply with the benchmark, as it has declined by 14.86% over the past week while the Sensex has gained 1.58%. This underperformance is indicative of a challenging environment for the stock, particularly in the short term, as it struggles to keep pace with the overall market. The year-to-date performance of the Sensex shows a positive return of 5.43%, further highlighting the stock's difficulties in attracting investor confidence compared to the broader market trends.