Why is PNGS Gargi FJ falling/rising?

As of 23-Sep, PNGS Gargi Fashion Jewellery Ltd is experiencing a decline in its stock price, currently at Rs 813.90, which reflects a decrease of Rs 9.9 or 1.2%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in a total decline of 4.97% during this period. It is also trading below all key moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.17% away from Rs 780. Over the past week, the stock has decreased by 3.91%, and it has a year-to-date decline of 38.32%, contrasting sharply with the Sensex, which has gained 5.07% in the same timeframe.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with a weekly decline of 3.91% compared to the Sensex's modest drop of 0.34%. This underperformance is further highlighted by the stock's negative returns over the past month and year, while the Sensex has shown positive returns in the same periods. Despite a notable increase in investor participation, with delivery volume rising by 190.58% against the five-day average, the overall sentiment remains negative, contributing to the stock's downward trajectory.