Why is Perfect-Octave falling/rising?

As of 23-Jul, Perfect-Octave Media Projects Ltd is experiencing a decline in its stock price, currently at 3.88, which reflects a decrease of 0.14 or 3.48%. The stock has underperformed its sector by 3.34% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 61.53% compared to the 5-day average. Over the past week, the stock has decreased by 5.37%, and over the past month, it has declined by 12.81%, indicating a negative trend in its recent performance.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week and a gain of 1.01% over the past month, contrasting with Perfect-Octave's poor performance. Year-to-date, the stock has decreased by 7.18%, while the benchmark has risen by 5.87%. This underperformance relative to the benchmark suggests that market conditions are favoring other investments, further contributing to the decline in Perfect-Octave's stock price.