Why is Palco Metals Ltd falling/rising?

As of 17-Nov, Palco Metals Ltd is experiencing a decline in its stock price, currently at 123.75, which represents a decrease of 18.45 points or 12.97%. The stock has been underperforming significantly, having lost 19.64% over the last six days and opening today with a loss of 11.39%. It has also touched an intraday low of Rs 119.15, indicating a high level of volatility with an intraday fluctuation of 7.33%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Despite the negative performance, there has been a notable increase in investor participation, with delivery volume rising by 151.13% against the 5-day average, indicating some interest from investors even amidst the decline.
In the broader market context, Palco Metals Ltd's performance has been notably worse than the benchmark Sensex, which has gained 1.69% over the past week while the stock has fallen by 18.85%. Year-to-date, the stock has decreased by 44.68%, contrasting sharply with the Sensex's increase of 8.72%. This stark difference highlights the challenges Palco Metals Ltd is facing relative to the overall market. The lack of positive factors in the provided data further emphasizes the stock's struggles, as there are no mitigating circumstances noted that could support a recovery in its price.