Why is Pee Cee Cosma falling/rising?

As of 12-Nov, Pee Cee Cosma Sope Ltd's stock price is currently at Rs. 419.45, reflecting a decline of Rs. 40.2, or 8.75%. The stock has hit a new 52-week low of Rs. 410.15 today and has been on a downward trend, losing value for the last six consecutive days, resulting in a total decline of 15.27% during this period. Additionally, the stock has underperformed its sector by 8.94% today, and it is trading below all its moving averages, indicating a bearish trend. Investor participation is also waning, with delivery volume decreasing by 4.41% compared to the five-day average, suggesting a lack of confidence among investors.
Broader market context shows that Pee Cee Cosma's performance has been significantly weaker than the benchmark Sensex, which has gained 1.21% over the past week while the stock has dropped 14.01%. Over the past month, the stock has declined by 12.77%, contrasting sharply with the Sensex's 2.38% increase. Year-to-date, the stock is down 29.24%, while the Sensex has risen by 8.10%. This stark difference in performance highlights the challenges faced by Pee Cee Cosma in the current market environment, contributing to its ongoing price decline.