Why is Panther Indl. Pr falling/rising?

As of 16-Sep, Panther Industrial Products Ltd is experiencing a decline in its stock price, currently at 61.03, which represents a decrease of 1.24 or 1.99%. The stock has underperformed its sector by 3.12% today, and it has not shown any price range fluctuations, remaining flat since opening. Additionally, the stock's delivery volume has decreased by 8.91% compared to the 5-day average, indicating falling investor participation. While the stock has a year-to-date return of 60.82%, it has underperformed over the last month with a decline of 2.24%, suggesting recent challenges despite a strong overall performance this year.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week, which is better than Panther Industrial's 1.95% gain in the same period, indicating that the stock is not keeping pace with the benchmark. The stock's performance over the last month is notably weaker than the Sensex's 2.21% increase, further highlighting its recent struggles. The stock is currently trading higher than its 5-day and 20-day moving averages but lower than its longer-term moving averages, suggesting a potential weakness in momentum. Overall, the combination of declining investor participation and underperformance relative to the benchmark may be contributing to the stock's recent downward movement.