Why is Pioneer Invest falling/rising?

As of 28-Aug, Pioneer Investcorp Ltd's stock price is currently at 69.29, reflecting a decrease of 4.17, or 5.68%. The stock has underperformed its sector by 4.61% today and has experienced a trend reversal, falling after two consecutive days of gains. It opened significantly lower, with a loss of 7.16%, and reached an intraday low of Rs 68.2. Additionally, the stock's delivery volume has seen a substantial decline of 63.62% compared to its 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 6.24%, while it has shown a positive return of 11.76% over the past month. However, year-to-date, it has declined by 18.48%, contrasting with the Sensex, which has gained 2.48% during the same period.
In the broader market context, Pioneer Investcorp's recent performance has been notably weaker than the benchmark, particularly in the short term, where it has underperformed the Sensex by 3.90% over the past week. The stock's long-term performance, however, shows a significant increase of 107.46% over the past three years, compared to the Sensex's 36.11% rise, suggesting that while the stock has faced recent challenges, it has historically outperformed the market over a longer timeframe. The current liquidity indicates that the stock remains tradable, but the recent drop in delivery volume and the significant opening gap down suggest a cautious sentiment among investors.