Why is Perfect Infraeng falling/rising?

As of 03-Nov, Perfect Infraengineers Ltd is experiencing a decline in its stock price, currently at Rs. 3.75, which reflects a decrease of Rs. 0.2 or 5.06%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. It has underperformed its sector by 5.55% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has decreased, with delivery volume dropping by 44.44% compared to the 5-day average. Over the past year, the stock has seen a staggering decline of 88%, while its performance over the last month shows a drop of 25%, highlighting ongoing challenges for the company.
In the broader market context, the Sensex has shown a slight increase of 0.78% over the past week and a gain of 3.49% over the last month, contrasting sharply with Perfect Infraengineers' negative returns. This suggests that while the overall market is experiencing some upward momentum, Perfect Infraengineers is struggling significantly. The stark difference in performance, with the stock down 79.89% year-to-date compared to the Sensex's 8.96% gain, underscores the company's difficulties in attracting investor confidence and maintaining market relevance.