Why is Panther Indl. Pr falling/rising?

As of 03-Jul, Panther Industrial Products Ltd is experiencing a decline in its stock price, currently at Rs 55.25, which represents a decrease of 2.75 or 4.74%. The stock has been underperforming, having lost 6.36% over the last two days and opening with a loss of 4.74% today. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 598.74% against the 5-day average, suggesting some interest from investors even amidst the price decline. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Panther Industrial Products Ltd has significantly underperformed compared to the Sensex, with a 1-week return of -13.87% against the benchmark's -0.62%. Over the past month, the stock has declined by 22.29%, while the Sensex has increased by 3.10%. Year-to-date, however, Panther has shown a strong performance with a return of 45.59%, outpacing the Sensex's 6.53%. This contrast highlights the stock's recent struggles despite a strong start to the year, indicating potential volatility and investor sentiment challenges in the short term.