Why is Paras Petrofils falling/rising?

As of 23-Sep, Paras Petrofils Ltd is experiencing a decline in its stock price, currently at 2.41, which reflects a decrease of 0.06 or 2.43%. The stock has underperformed its sector by 0.85% today and has been on a downward trend, falling consecutively for the last two days with a total decline of 5.49% during this period. Additionally, the stock has shown poor performance over the past week, down 4.37%, and has significantly underperformed on a year-to-date basis, with a drop of 23.73%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 19.63% against the 5-day average, the overall sentiment remains negative.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with Paras Petrofils' more substantial drop. This indicates that the stock's poor performance is not solely due to broader market conditions, as it has significantly underperformed the benchmark. Over the past month, while the Sensex has gained 0.98%, Paras Petrofils has seen a decline of 2.43%. The stark difference in performance suggests that company-specific issues are contributing to the stock's decline, rather than a general market downturn.