Why is Photoquip India falling/rising?

As of 19-Nov, Photoquip India Ltd is experiencing a decline in its stock price, currently at Rs. 13.58, which reflects a decrease of Rs. 1.22 or 8.24%. The stock has hit a new 52-week low of Rs. 13.24 today, indicating significant downward pressure. Performance metrics show that the stock has underperformed its sector by 9.1% today and has been highly volatile, with an intraday volatility of 5.56%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has seen a substantial decline of 42.38%, while the benchmark Sensex has gained 9.81%, highlighting a stark contrast in performance. The recent increase in delivery volume by 90.2% suggests rising investor participation, which may provide some support, but overall, the stock's performance remains weak.
Broader Market Context: In the short term, Photoquip India has underperformed the benchmark Sensex, which has increased by 0.85% over the past week, while the stock has dropped by 12.39%. This disparity indicates that broader market conditions may not be favoring Photoquip India, contributing to its price decline. The Sensex's positive performance contrasts sharply with the stock's significant losses, further emphasizing the challenges faced by Photoquip India in the current market environment. The liquidity of the stock remains adequate for trading, but the overall negative sentiment and poor performance metrics suggest that investors are cautious about its future prospects.