Why is Pattech Fitwell falling/rising?

As of 22-Sep, Pattech Fitwell Tube Components Ltd is experiencing a decline in its stock price, currently at 122.30, which reflects a decrease of 15.65 or 11.34%. The stock has underperformed in the short term, with a 1-week return of -11.34%, while the Sensex has gained 0.53%. Additionally, the stock's performance today has outperformed its sector by 4.68%. However, there is a concerning trend in investor participation, as the delivery volume has dropped significantly by 75% compared to the 5-day average, indicating reduced interest from investors. The stock is currently trading above its moving averages across various time frames, suggesting some underlying strength despite the recent price drop.
In the broader market context, while Pattech Fitwell's year-to-date return stands at 15.38%, significantly outperforming the Sensex's 6.59%, the recent short-term performance contrasts sharply with the benchmark. Over the past month, the stock has declined by 12.36%, while the Sensex has increased by 1.34%. This divergence highlights a period of weakness for Pattech Fitwell relative to the market, which may be contributing to the downward pressure on its stock price. Overall, the combination of falling investor participation and the stock's recent underperformance against the benchmark suggests a challenging environment for Pattech Fitwell at this time.