Why is Polo Queen Ind. falling/rising?

As of 05-Aug, Polo Queen Industrial and Fintech Ltd is experiencing a decline in its stock price, currently at Rs 48.48, which reflects a decrease of Rs 1.04 or 2.1%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 4% during this period. It has also touched an intraday low of Rs 47.59, indicating significant selling pressure. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The delivery volume has decreased by 3.05% compared to the 5-day average, indicating falling investor participation, which could further contribute to the stock's downward movement. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Polo Queen's short-term performance has been notably poor compared to the benchmark Sensex, which has only declined by 0.77% over the past week while Polo Queen has dropped by 11.05%. Over the last month, the stock has decreased by 17.30%, significantly underperforming the Sensex's decline of 3.26%. Year-to-date, Polo Queen has seen a staggering decline of 65.49%, contrasting sharply with the Sensex's gain of 3.29%. This stark difference in performance highlights the challenges faced by Polo Queen in the current market environment.