Why is Pion. Embroider. falling/rising?

As of 13-Oct, Pioneer Embroideries Ltd is experiencing a decline in its stock price, currently at Rs 34.60, which represents a decrease of Rs 1.14 or 3.19%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.86% during this period. It is also trading close to its 52-week low, just 0.29% away from Rs 34.5. The stock's performance over various time frames shows significant underperformance compared to the benchmark Sensex, with a year-to-date decline of 38.43% against a 5.36% increase in the Sensex. Additionally, the stock is trading below its moving averages across multiple time frames, indicating a bearish trend. There is a notable increase in investor participation, with delivery volume rising by 28.33% against the 5-day average, suggesting some interest despite the price decline.
Broader Market Context: In the short term, Pioneer Embroideries Ltd's performance has been significantly worse than the benchmark Sensex, which has gained 0.66% over the past week while the stock has dropped by 2.48%. This stark contrast highlights the stock's struggles in the current market environment. The broader market appears to be more resilient, as indicated by the Sensex's positive returns over the same periods. The liquidity of the stock remains adequate for trading, but the overall negative sentiment surrounding the stock, combined with its recent performance, suggests that investors are cautious, leading to the observed decline in price.