Why is Photoquip India falling/rising?

As of 03-Nov, Photoquip India Ltd is experiencing a decline in its stock price, currently at 15.22, which reflects a decrease of 0.89 or 5.52%. The stock has underperformed its sector by 5.62% 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 on October 31 falling by 97.51% compared to the 5-day average. Over the past week, the stock has decreased by 4.40%, and year-to-date, it has seen a substantial decline of 33.25%, indicating ongoing challenges for the company.
In the broader market context, the Sensex has only declined by 0.94% over the past week, suggesting that Photoquip India's performance is notably weaker than the overall market. While the Sensex has shown a positive return of 3.41% over the past month, Photoquip India has declined by 3.06% in the same period. This stark contrast highlights the company's struggles relative to the benchmark, further emphasizing the negative sentiment surrounding its stock.