Why is Ponni Sug.Erode falling/rising?

As of 22-Sep, Ponni Sugars (Erode) Ltd is experiencing a decline in its stock price, currently at 288.80, which reflects a decrease of 3.8 points or 1.3%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 4.83% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a drop of 32.14% compared to the 5-day average, suggesting a reduction in investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Ponni Sugars' performance has been notably weaker than the benchmark, the Sensex, which has gained 0.46% over the past week while Ponni Sugars has lost 4.67%. Year-to-date, the stock has declined by 28.80%, contrasting sharply with the Sensex's increase of 5.15%. This underperformance highlights the challenges faced by Ponni Sugars in the current market environment, as it continues to lag behind both its sector and the overall market trends.