Why is Panasonic Carbon falling/rising?

As of 24-Sep, Panasonic Carbon India Company Ltd. is experiencing a decline in its stock price, currently at 497.80, which reflects a decrease of 3.05 points or 0.61%. The stock has underperformed its sector by 0.51% today and has been on a consecutive decline for the last two days, resulting in a total drop of 1.16% during this period. Additionally, the stock has shown negative returns over various time frames, including a year-to-date decline of 9.52% and a one-year drop of 29.19%. Notably, the delivery volume has significantly decreased by 75.28% compared to the five-day average, indicating falling investor participation, which may contribute to the stock's downward movement.
In the broader market context, the stock's performance over the past week shows a slight decline of 0.06%, while the benchmark Sensex has fallen by 1.18%. This suggests that while the stock is underperforming, it is not alone in its decline, as the overall market is also experiencing downturns. However, the stock's longer-term performance is concerning, with a three-year return of 21.77% compared to the Sensex's 40.65%, and a five-year return of 29.21% versus the benchmark's impressive 123.55%. This disparity highlights the challenges Panasonic Carbon faces in attracting investor confidence amidst a broader market that has been performing better over the same periods.