Why is Petro Carbon falling/rising?

As of 04-Aug, Petro Carbon & Chemicals Ltd is experiencing a decline in its stock price, currently at 176.00, which represents a decrease of 1.0 or 0.56%. The stock has underperformed its sector by 1.49% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.95% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 16.51% and a one-year drop of 38.98%. The stock is trading below its moving averages across multiple time frames, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 78.42% compared to the five-day average, suggesting a lack of interest from investors.
In the broader market context, the Sensex has shown a positive return of 0.17% over the past week, contrasting with Petro Carbon's decline of 0.51% during the same period. While the benchmark has also experienced a negative return of 2.90% over the past month, Petro Carbon's performance has been notably worse, with a decline of 4.09%. This underperformance relative to the benchmark indicates that the stock is struggling to attract investor confidence, which is further compounded by its recent price movements and declining trading volumes. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the broader market contributes to the stock's current downward trajectory.