Why is Plaza Wires falling/rising?

As of 07-Nov, Plaza Wires Ltd is experiencing a decline in its stock price, currently at Rs. 45.45, which represents a decrease of Rs. 1.74 or 3.69%. The stock has hit a new 52-week low today and has been underperforming its sector by 4.08%. Over the last five days, Plaza Wires has consecutively fallen, resulting in an overall decline of 8.11%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a rise in investor participation, with delivery volume increasing by 18.56% against the 5-day average, the overall sentiment appears negative, contributing to the stock's recent downward trend. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Plaza Wires has significantly underperformed compared to the Sensex, with a 1-week return of -7.30% against the benchmark's -0.86%. Over the past month, the stock has declined by 12.38%, while the Sensex has gained 1.57%. Year-to-date, Plaza Wires has fallen by 40.67%, contrasting sharply with the Sensex's increase of 6.50%. This stark difference in performance highlights the challenges faced by Plaza Wires in the current market environment, further exacerbating investor concerns and contributing to the stock's decline.