Why is Perfect-Octave falling/rising?

As of 29-Aug, Perfect-Octave Media Projects Ltd is experiencing a decline in its stock price, currently at 3.91, down by 0.02 or 0.51%. The stock has shown a performance today that outperformed its sector by 0.86%. However, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 98.99% against the 5-day average. Over the past year, the stock has decreased by 19.55%, while it has seen a modest increase of 2.36% over the past month, contrasting with the benchmark Sensex, which has declined by 1.88% in the same period.
In the broader market context, the stock's short-term return of -1.51% over the past week is better than the benchmark Sensex's decline of 1.84%. Despite this, the year-to-date performance shows a significant underperformance of -6.46% compared to the Sensex's positive return of 2.14%. The overall liquidity of the stock remains adequate for trading, but the drastic fall in delivery volume suggests a lack of confidence among investors, which could be contributing to the downward pressure on the stock price.