Why is Panasonic Energy falling/rising?

As of 07-Aug, Panasonic Energy India Company Ltd is experiencing a decline in its stock price, currently at Rs 350.60, reflecting a decrease of Rs 23.4 or 6.26%. The stock has underperformed its sector by 5.91% today and has been on a downward trend, losing 6.38% over the last two days. It reached an intraday low of Rs 329.95, indicating a significant drop of 11.78%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish sentiment. The delivery volume has also decreased significantly, falling by 60.66% compared to the 5-day average, which indicates a decline in investor participation. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
Broader market context shows that Panasonic Energy's performance over the past week has been a decline of 4.60%, while the benchmark Sensex has only decreased by 0.69%. Over the past month, the stock has fallen by 10.00%, compared to a 3.38% decline in the Sensex. Year-to-date, Panasonic Energy has seen a substantial drop of 23.50%, contrasting sharply with the Sensex's gain of 3.18%. This stark difference in performance highlights the stock's struggles relative to the broader market, further emphasizing the challenges it faces in attracting investor confidence amidst its recent volatility and declining participation.