Why is Palred Technolog falling/rising?

As of 14-Nov, Palred Technologies Ltd is experiencing a decline in its stock price, currently at Rs 49.62, which represents a decrease of 2.53 or 4.85%. The stock opened the day with a gain of 2.53%, reaching an intraday high of Rs 53.47, but subsequently fell to its current price, indicating significant volatility with an intraday fluctuation of 6.39%. The stock has underperformed its sector by 4.08% today and is trading below all key moving averages, suggesting a bearish trend. Additionally, the stock has shown poor performance over various periods, with a year-to-date decline of 37.04% and a one-year drop of 47.77%, reflecting ongoing challenges. There is no available information regarding positive or negative factors impacting the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 3.09% over the past month, Palred Technologies has significantly underperformed with a 22.99% decline during the same period. This stark contrast highlights the stock's struggles in a generally positive market environment. The broader market's upward movement, coupled with Palred's continued decline, suggests that investor sentiment towards the company is weak, further exacerbated by falling investor participation and liquidity concerns.