Why is Perfect-Octave falling/rising?

As of 14-Aug, Perfect-Octave Media Projects Ltd is experiencing a decline in its stock price, currently at Rs 3.62, which reflects a decrease of Rs 0.41 or 10.17%. The stock has been underperforming significantly, having fallen consecutively for the last two days, resulting in a total drop of 11.71%. Additionally, it is trading lower than all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. The stock is also close to its 52-week low, just 1.93% away from Rs 3.55. Furthermore, investor participation has decreased sharply, with delivery volume dropping by 82.65% compared to the 5-day average, suggesting a lack of confidence among investors.
In the broader market context, the stock's performance over the past week shows a decline of 14.62%, while the benchmark Sensex has remained relatively stable with a minimal change of -0.03%. Over the past month, Perfect-Octave's stock has decreased by 11.49%, contrasting with the Sensex's decline of only 2.01%. Year-to-date, the stock is down 13.40%, while the benchmark has gained 3.15%. This stark difference highlights the stock's significant underperformance relative to the broader market, contributing to the negative sentiment surrounding it.