Why is Pavna Industries falling/rising?

As of 08-Jul, Pavna Industries Ltd is experiencing a decline in its stock price, currently at 416.25, which reflects a decrease of 2.85 or 0.68%. The stock has been losing value for the last two days, with a total drop of 2.71% during this period. Over the past week, it has underperformed with a return of -1.43%, while the benchmark Sensex has remained relatively flat with a slight increase of 0.02%. Additionally, the stock's performance over the past month shows a positive return of 8.05%, but it has significantly underperformed year-to-date with a decline of 15.57%. The company's fundamentals are concerning, as it has reported a 30.1% drop in profits over the past year and a weak long-term growth rate in operating profits, which contributes to a negative sentiment among investors.
In the broader market context, while the Sensex has generated a return of 7.13% year-to-date, Pavna Industries has lagged behind, indicating a lack of investor confidence. The stock's liquidity is adequate, but there has been a notable decrease in delivery volume, falling by 79.23% against the five-day average, suggesting reduced investor participation. Furthermore, the absence of domestic mutual fund investment may signal a lack of confidence in the company's prospects. Overall, the combination of weak financial performance, declining investor interest, and underperformance relative to the market contributes to the stock's current downward trend.