Why is Petro Carbon falling/rising?

As of 29-Jul, Petro Carbon & Chemicals Ltd is experiencing a price increase, with its current price at 177.95, reflecting a change of 1.05 or 0.59% upward. Despite this positive movement today, the stock has underperformed its sector by 3.19%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. The stock has shown a decline of 1.79% over the past month and a significant drop of 15.58% year-to-date. However, there has been a notable rise in investor participation, with delivery volume increasing by 34.23% against the 5-day average, which may suggest growing interest despite the overall downward trajectory. There are no positive or negative factors explicitly mentioned that could further clarify the stock's recent movement.
In the broader market context, Petro Carbon's short-term performance has been relatively weak compared to the benchmark, as it has gained only 0.51% over the past week while the Sensex has declined by 0.96%. This underperformance is consistent with its longer-term results, where the stock has decreased by 43.53% over the past year, contrasting sharply with the Sensex's minimal decline of 0.06% in the same period. The overall market sentiment appears to be unfavorable for Petro Carbon, as indicated by its significant year-to-date decline compared to the positive performance of the benchmark.