Why is Pan India Corpor falling/rising?

As of 08-Oct, Pan India Corporation Ltd is experiencing a decline in its stock price, currently at 2.24, which reflects a decrease of 0.02 or 0.88%. The stock has been underperforming, having lost 3.45% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a significant year-to-date decline of 33.33%, while its one-year performance is down 31.08%. Despite these negative trends, there has been a notable increase in investor participation, with delivery volume rising by 78.15% compared to the 5-day average, indicating some interest in the stock despite its recent poor performance.
In the broader market context, Pan India Corporation's short-term performance has been unfavorable compared to the benchmark Sensex, which has gained 0.98% over the past week, while the stock itself has dropped by 2.18%. This trend of underperformance is consistent over the past month as well, where the stock has again decreased by 2.18%, contrasting with the Sensex's increase of 1.22%. The liquidity of the stock remains adequate for trading, as it is liquid enough for a trade size of Rs 0 crore, but the overall market sentiment appears to be weighing heavily on its price movements.