Why is Panasonic Carbon falling/rising?

As of 23-Sep, Panasonic Carbon India Company Ltd. is experiencing a decline in its stock price, currently at 502.00, which reflects a decrease of 1.65 or 0.33%. The stock has underperformed its sector by 0.63% today, despite showing a rise in investor participation with a delivery volume increase of 55.88% compared to the 5-day average. While the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has seen a significant decline of 29.00%, contrasting sharply with the Sensex's decline of only 3.33% during the same period.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.90%, while the Sensex has decreased by 0.34%. However, the year-to-date performance indicates a stark contrast, with Panasonic Carbon down 8.76% compared to the Sensex's increase of 5.07%. This underperformance highlights the challenges the company faces in the current market environment, despite some positive indicators such as increased trading volume. Overall, the stock's recent movement reflects a combination of sector underperformance and a longer-term trend of decline relative to the broader market.