Why is Panasonic Carbon falling/rising?

As of 24-Jun, Panasonic Carbon India Company Ltd. is currently priced at Rs 532.55, reflecting a decrease of Rs 1.6, or 0.3%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 8.25% during this period. Although the stock outperformed its sector by 0.29% today, it has shown a negative performance over the past week with a return of -7.40%. In terms of moving averages, the stock is above the 50-day and 100-day averages but below the 5-day, 20-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 66.5% compared to the 5-day average, indicating reduced trading interest.
Broader market context shows that while the Sensex has gained 0.58% over the past week, Panasonic Carbon's performance has lagged significantly. The stock's year-to-date return is -3.21%, contrasting with the Sensex's positive return of 5.01%. This underperformance relative to the benchmark, combined with the recent consecutive declines and falling investor participation, suggests a challenging environment for Panasonic Carbon, contributing to its current price decline.