Why is Panther Indl. Pr falling/rising?

As of 27-Jun, Panther Industrial Products Ltd is experiencing a decline in its stock price, currently at Rs 62.00, which reflects a decrease of Rs 2.15 or 3.35%. The stock has been underperforming, having lost 12.68% over the past week and also showing a similar decline over the past month. Today's trading activity indicates that the stock has been falling for three consecutive days, with a significant drop in performance today, underperforming its sector by 3.08%. Although the stock opened with a gain of 4.44% and reached an intraday high of Rs 67.35, it ultimately fell to its current low price. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. There is a notable increase in investor participation, as evidenced by a 367.03% rise in delivery volume, which may suggest some interest despite the overall decline.
In the broader market context, Panther Industrial Products Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.00% over the past week and 3.07% over the past month. This underperformance highlights the stock's struggles relative to the market, particularly given its significant drop in value while the benchmark continues to rise. The stock's year-to-date performance remains positive at 63.37%, but the recent trends indicate a potential correction or volatility that investors should monitor closely.