Why is Patels Airtemp falling/rising?

As of 11-Nov, Patels Airtemp (India) Ltd is experiencing a decline in its stock price, currently at Rs. 244.45, which represents a decrease of Rs. 16.5 or 6.32%. The stock has hit a new 52-week low of Rs. 237 today and has been on a downward trend, losing 21.15% over the last three days. Additionally, the stock has underperformed its sector by 6.96% today and is trading below all key moving averages, indicating a bearish sentiment. The stock's performance over various periods shows significant declines, with a year-to-date drop of 61.07% and a one-year decline of 66.12%. There is a notable increase in investor participation, with delivery volume rising by 692.84% against the five-day average, which may suggest some interest despite the overall negative performance.
In the broader market context, the Sensex has shown a slight increase of 0.49% over the past week, contrasting sharply with Patels Airtemp's decline of 20.83% in the same period. This indicates that while the overall market is experiencing stability, Patels Airtemp is facing significant challenges. The stock's high volatility today, with an intraday volatility of 5.95%, further reflects the uncertainty surrounding its performance. The liquidity of the stock remains adequate for trading, but the persistent downward movement and underperformance against the benchmark highlight ongoing concerns among investors.