Why is Paras Petrofils falling/rising?

As of 01-Oct, Paras Petrofils Ltd is experiencing a decline in its stock price, currently at Rs. 2.19, which reflects a decrease of 0.09 or 3.95%. The stock has hit a new 52-week low of Rs. 2.11 today and has been on a downward trend, losing 12.4% over the past week and 30.7% year-to-date. Additionally, it has underperformed its sector by 6.43% today and has been trading below its moving averages across various time frames. While there is a notable increase in investor participation, with delivery volume rising by 124.72% against the 5-day average, the overall sentiment remains negative, contributing to the stock's recent price drop.
In the broader market context, the Sensex has only declined by 0.90% over the past week, indicating that Paras Petrofils is underperforming relative to the benchmark. While the sector has gained by 2.61%, the significant losses in the stock's value highlight its struggles compared to the overall market performance. The stock's year-on-year return of -37.43% further emphasizes its challenges, especially in contrast to the Sensex's slight decline of 3.90% during the same period.