Why is Parin Enterpris. falling/rising?

As of 04-Jul, Parin Enterprises Ltd is experiencing a decline in its stock price, currently at 323.90, reflecting a decrease of 16.1 points or 4.74%. The stock has underperformed its sector by 6.01% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 5.01%, and it has shown a significant decline of 10.40% over the past month. Despite a strong performance over the past year with a gain of 53.87%, the year-to-date return is down by 14.74%. Notably, there has been a rise in investor participation, with delivery volume increasing by 515.38% against the 5-day average, indicating some interest despite the price drop.
In the broader market context, the Sensex has only decreased by 0.69% over the past week and has gained 3.42% over the last month, suggesting that the overall market is performing better than Parin Enterprises Ltd. The stock's year-to-date performance of -14.74% contrasts sharply with the Sensex's gain of 7.68%, highlighting the stock's struggles relative to the benchmark. While the stock has shown strong long-term growth over 3 and 5 years, the recent performance indicates significant short-term challenges that may be affecting investor sentiment and leading to the current price decline.