Why is Polo Queen Ind. falling/rising?

As of 06-Aug, Polo Queen Industrial and Fintech Ltd is experiencing a decline in its stock price, currently at Rs 45.89, which reflects a decrease of Rs 2.39 or 4.95%. The stock has been underperforming, having lost 9.13% over the last three days, and it is trading below all its moving averages, indicating a bearish trend. Additionally, the stock's performance today has underperformed its sector by 4.27%. The recent returns show a significant decline of 21.72% over the past month and a staggering 67.34% year-to-date, suggesting ongoing challenges for the company. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a decline of only 3.46% over the past month, Polo Queen's performance is notably worse, with a 21.72% drop. This stark contrast highlights the company's struggles relative to the broader market, where the Sensex has gained 3.08% year-to-date, while Polo Queen has plummeted by 67.34%. The falling investor participation, as evidenced by a 44.04% drop in delivery volume, further exacerbates the stock's negative outlook, indicating a lack of confidence among investors in the company's future performance.