Why is Pavna Industries falling/rising?

As of 07-Jul, Pavna Industries Ltd is experiencing a decline in its stock price, currently at Rs 419.10, which reflects a decrease of Rs 8.75 or 2.05%. The stock has underperformed its sector by 1.59% today and has fallen after two consecutive days of gains. It opened with a gain of 2.14% but reached an intraday low of Rs 419.10. Over the past week, the stock has decreased by 3.46%, while it has shown a positive return of 8.79% over the past month. However, the stock has significantly underperformed over the year, with a return of -14.29%. The company's weak fundamentals are highlighted by a -30.1% decline in profits over the past year and a -2.48% CAGR growth in operating profits over the last five years, which contributes to the negative sentiment surrounding the stock.
In the broader market context, while the Sensex has only declined by 0.20% over the past week, Pavna Industries' performance has been notably worse, indicating a lack of investor confidence. The stock's liquidity remains adequate, but falling investor participation, evidenced by a 23.19% drop in delivery volume, suggests diminishing interest. Furthermore, the absence of domestic mutual fund investment in the company raises concerns about its perceived value and stability. Overall, the combination of weak financial performance, negative growth trends, and poor market sentiment has led to the stock's current downward trajectory.