Why is POCL Enterprises falling/rising?

As of 17-Nov, POCL Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 197.65, which reflects a decrease of Rs 28.05 or 12.43%. The stock has underperformed its sector by 12.09% today, opening with a significant loss of 11.39% and reaching an intraday low of Rs 190, marking a drop of 15.82%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 8.56%, and in the last month, it has fallen by 15.34%, contrasting with the Sensex, which has gained 1.69% and 1.19% respectively. The positive factor noted is a rise in investor participation, with delivery volume increasing by 26.68% against the 5-day average, suggesting some interest despite the overall negative price movement.
Broader Market Context: In the context of the broader market, POCL Enterprises' recent performance has been notably weaker compared to the Sensex, which has shown positive returns both in the short term and year-to-date. While the stock has gained 9.41% over the past year, it has underperformed significantly in the shorter time frames, with a year-to-date decline of 6.66% against the Sensex's 8.72% gain. This stark contrast highlights the challenges faced by POCL Enterprises in maintaining investor confidence and market performance, especially as it trades at lower levels than its moving averages and experiences substantial price volatility.