Why is Paramount Dye falling/rising?

As of 18-Sep, Paramount Dye Tec Ltd's stock price is currently at 51.00, reflecting a decrease of 1.0, or 1.92%. The stock has underperformed its sector by 2.12% today, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 40% compared to the 5-day average. Over the past week, the stock has experienced a substantial decline of 10.53%, and it has fallen 21.54% over the past month, indicating a persistent downward trend without any available positive factors to counterbalance this performance.
Broader Market Context: In contrast, the benchmark Sensex has shown positive movement, gaining 1.67% over the past week and 2.20% over the past month. This stark difference highlights the underperformance of Paramount Dye Tec Ltd relative to the broader market, as the stock has not only declined significantly year-to-date by 40.97% but has also failed to keep pace with the benchmark's growth of 7.52% during the same period. The lack of positive factors and the overall negative sentiment surrounding the stock contribute to its current downward trajectory.