Why is Pan India Corpor falling/rising?

As of 18-Sep, Pan India Corporation Ltd's stock price is currently at 2.37, reflecting a decrease of 0.02, or 0.84%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.07% during this period. In the context of recent performance, the stock has shown a mixed trend, with a 1-month return of 8.22%, but a significant year-to-date decline of 29.46%. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, yet below its 100-day and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 2.15% against the 5-day average, indicating some interest despite the recent price drop. There is no information available regarding positive or negative factors impacting the stock.
Broader market context reveals that the stock has underperformed compared to the Sensex, which has gained 1.80% over the past week while Pan India Corporation Ltd has declined by 0.42%. This trend of underperformance is evident in the year-to-date figures as well, where the stock has significantly lagged behind the benchmark index, which has risen by 6.24%. The broader market appears to be more favorable, contributing to the stock's struggles as it continues to face challenges in regaining momentum amidst a generally positive market environment.