Why is Parsvnath Devl. falling/rising?

As of 11-Nov, Parsvnath Developers Ltd is experiencing a slight decline in its stock price, currently at 15.96, with a change of -0.03, representing a decrease of 0.19%. The stock has been on a downward trend, losing value for the last six consecutive days, resulting in a total decline of 7.21% during this period. Although the stock is currently trading higher than its 50-day moving average, it remains below the 5-day, 20-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 259.9% against the 5-day average, indicating heightened trading activity. However, the stock's year-to-date performance shows a significant decline of 30.85%, contrasting with a modest gain of 7.34% in the benchmark index.
In the broader market context, the stock's performance over the past week has been notably poor, with a return of -5.95%, while the Sensex has gained 0.49% during the same period. This underperformance highlights the stock's struggles relative to the market. Over the past month, however, Parsvnath Developers Ltd has shown some resilience with a return of 7.98%, outperforming the Sensex's 1.66% gain. Despite this, the overall trend remains concerning, particularly given the stock's significant year-to-date decline compared to the benchmark's positive performance. The absence of specific positive or negative factors further complicates the outlook, leaving the reasons for the stock's recent movement somewhat unclear.