Why is PDP Shipping falling/rising?

As of 15-Oct, PDP Shipping & Projects Ltd is experiencing a decline in its stock price, currently at Rs. 60.00, which reflects a decrease of Rs. 6.8 or 10.18%. The stock has hit a new 52-week low today and has underperformed its sector by 10.75%. Over the past two days, the stock has seen a consecutive fall, resulting in a total decline of 12.7% in the last week. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. There has also been a notable drop in investor participation, with delivery volume falling by 28.57% compared to the five-day average, suggesting reduced interest among investors.
In the broader market context, PDP Shipping's performance has been significantly weaker than the benchmark, the Sensex, which has gained 1.02% over the past week. The stock's decline of 12.7% in the same period starkly contrasts with the benchmark's positive movement, highlighting a lack of investor confidence in PDP Shipping. Furthermore, the stock's erratic trading pattern, with no trades on four out of the last twenty days, adds to the uncertainty surrounding its performance. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the benchmark contributes to the ongoing decline in PDP Shipping's stock price.