Why is Pavna Industries falling/rising?

As of 06-Nov, Pavna Industries Ltd is experiencing a decline in its stock price, currently at 34.75, reflecting a decrease of 0.47 or 1.33%. The stock has been on a downward trend, losing value for the last four consecutive days, with a notable drop of 8.84% over the past week. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a rise in delivery volume by 32.56% on November 4, which suggests increased investor participation, the overall performance remains weak, with year-to-date returns down by 29.51% and a staggering 44.84% decline over the past year.
In the broader market context, Pavna Industries' recent performance contrasts sharply with the benchmark Sensex, which has shown a slight decline of only 1.30% over the past week and a positive return of 6.62% year-to-date. This significant underperformance relative to the benchmark indicates that investor sentiment towards Pavna Industries is particularly negative, especially in light of its substantial losses over the past year compared to the Sensex's modest gains. The lack of available positive factors further emphasizes the challenges the company faces in regaining investor confidence amidst a generally more favorable market environment.