Why is Paras Petrofils falling/rising?

As of 30-Sep, Paras Petrofils Ltd is experiencing a decline in its stock price, currently at 2.27, which reflects a decrease of 0.14 or 5.81%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 9.2% during this period. Additionally, Paras Petrofils is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a 26.08% drop compared to the 5-day average, suggesting a lack of investor interest. The stock's year-to-date performance shows a decline of 28.16%, and it has underperformed the benchmark Sensex, which has gained 2.72% in the same timeframe.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.97% compared to the Sensex's -2.23%. This indicates that while the overall market has faced some declines, Paras Petrofils has struggled significantly more. The negative sentiment surrounding the stock is compounded by its poor performance over the past year, where it has dropped 36.41%, contrasting sharply with the Sensex's decline of only 4.78%. This disparity highlights the challenges faced by Paras Petrofils in attracting investor confidence amidst a generally recovering market.