Why is Palco Metals Ltd falling/rising?

As of 14-Nov, Palco Metals Ltd is experiencing a decline in its stock price, currently at 142.00, which reflects a decrease of 9.05 or 5.99%. The stock has been underperforming, having lost 7.79% over the past week and has seen a consecutive fall for the last five days. Despite opening with a gain of 2.62% today and reaching an intraday high of Rs 155, it also touched a low of Rs 140, indicating significant volatility with a wide trading range of Rs 15. The stock's performance year-to-date shows a substantial decline of 36.52%, while its one-year return is down by 9.55%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 68.3% against the five-day average, which may further contribute to the stock's downward pressure.
In the broader market context, Palco Metals Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.62% over the past week. While the stock has shown some positive returns over the past month at 8.56%, its year-to-date performance significantly lags behind the benchmark's 8.22% increase. This underperformance relative to the market may reflect broader investor sentiment and market conditions that are unfavorable for the stock, exacerbating its recent price decline.