Why is Pil Italica Life falling/rising?

As of 06-Aug, Pil Italica Lifestyle Ltd is experiencing a decline in its stock price, currently at 14.75, reflecting a decrease of 0.18 or 1.21%. The stock has been losing value for the past two days, with a total drop of 1.8% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, falling by 74.01% compared to the 5-day average, which suggests a decline in investor participation. While the stock has shown positive returns year-to-date and over the past year, with increases of 4.98% and 22.92% respectively, the recent performance indicates a struggle against the backdrop of broader market conditions.
In the broader market context, Pil Italica's short-term performance has been slightly better than the Sensex, with a 1-week return of -0.67% compared to the benchmark's -1.15%. However, over the past month, the stock has underperformed, showing a decline of 5.75% against the Sensex's drop of 3.46%. This suggests that while the stock has had a strong long-term performance, recent trends indicate a weakening position relative to both its historical performance and the market. The lack of positive factors in the dashboard further emphasizes the challenges the stock is currently facing.