Why is Paramount Dye falling/rising?

As of 16-Sep, Paramount Dye Tec Ltd is experiencing a decline in its stock price, currently at 51.85, which reflects a decrease of 1.65 or 3.08%. The stock has underperformed its sector by 4.53% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 5.81%, and in the last month, it has seen a significant decline of 18.98%. Despite a notable increase in delivery volume by 100% against the 5-day average, there is no available positive or negative dashboard data to provide further insights into the factors affecting the stock's recent movements.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.49% over the past week and 2.47% over the past month, Paramount Dye Tec Ltd's performance has been considerably weaker. The stock's year-to-date decline of 39.99% starkly contrasts with the Sensex's gain of 6.74%, indicating that the stock is not only underperforming in the short term but also struggling significantly against broader market trends. This disparity suggests that investor sentiment towards Paramount Dye Tec Ltd is currently negative, contributing to its falling stock price.