Why is Perfect Infraeng falling/rising?

As of 27-Oct, Perfect Infraengineers Ltd is experiencing a decline in its stock price, currently at Rs. 3.85, reflecting a decrease of Rs. 0.15 or 3.75%. The stock has hit a new 52-week and all-time low of Rs. 3.80 today, indicating significant downward pressure. It has underperformed its sector by 4.32% and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has seen a substantial decline of 16.30%, and its year-to-date performance shows a staggering drop of 79.36%. While there has been a notable increase in investor participation, with delivery volume rising by 542.86% against the 5-day average, the overall sentiment remains negative, and no positive factors are available to counterbalance the stock's recent performance.
In the broader market context, the Sensex has shown a slight increase of 0.48% over the past week, contrasting sharply with Perfect Infraengineers' significant decline. This disparity highlights the stock's underperformance relative to the benchmark index, which has gained 5.32% over the past month and 9.82% year-to-date. The stark difference in performance suggests that while the market is generally stable or improving, Perfect Infraengineers is struggling to maintain investor confidence, leading to its continued decline in stock price.