Why is Panch.Organics falling/rising?

As of 06-Aug, Panchsheel Organics Ltd is experiencing a decline in its stock price, currently at Rs 169.30, which reflects a decrease of Rs 7.45 or 4.21%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 4.62% during this period. Additionally, the stock touched an intraday low of Rs 165.1, indicating significant selling pressure. The recent performance shows that the stock has underperformed its sector by 2.15%, and the delivery volume has decreased dramatically by 77.74% compared to the 5-day average, suggesting a lack of investor interest. The stock's year-to-date performance is notably poor, with a decline of 18.78%, and it has also seen a substantial drop of 33.57% over the past year.
In the broader market context, the stock's short-term performance of -4.19% over the past week contrasts with the Sensex, which has only declined by 1.15% during the same period. This indicates that Panchsheel Organics is not only facing challenges specific to its operations but is also lagging behind the overall market. The pharmaceuticals and drugs sector has also seen a decline of 2.06%, contributing to the negative sentiment surrounding the stock. Overall, the combination of falling investor participation, poor recent performance, and sector-wide declines has led to the stock's current downward trajectory.