Why is PNGS Gargi FJ falling/rising?

As of 07-Aug, PNGS Gargi Fashion Jewellery Ltd is experiencing a decline in its stock price, currently at Rs 797.10, which represents a decrease of Rs 24.35 or 2.96%. The stock has underperformed its sector by 2.9% today and has fallen after two consecutive days of gains. It is currently trading close to its 52-week low, just 3.9% above that level. Additionally, the stock has shown negative returns over various periods, including a 1-week decline of 7.31% and a year-to-date drop of 39.59%. The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 54.05% compared to the 5-day average.
In the broader market context, the Sensex has only declined by 0.69% over the past week, while PNGS Gargi FJ's performance has been markedly worse, suggesting that the stock's decline is not solely due to market conditions but also reflects company-specific issues. The stock's year-to-date performance contrasts sharply with the Sensex's gain of 3.18%, highlighting its underperformance in the market. Overall, the combination of negative price movement, poor investor participation, and significant underperformance relative to the benchmark indicates that PNGS Gargi FJ is facing challenges that are contributing to its falling stock price.