Why is Porwal Auto Comp falling/rising?

As of 08-Aug, Porwal Auto Components Ltd is experiencing a decline in its stock price, currently at Rs 52.72, which represents a decrease of Rs 1.7 or 3.12%. The stock has been underperforming, having fallen for the last three days with a total decline of 7.08% during this period. Today, it opened with a loss of 3.14% and reached an intraday low of Rs 51.64, reflecting a significant drop of 5.11%. Additionally, the stock's delivery volume has decreased sharply by 67.7% compared to the 5-day average, indicating a decline in investor participation. Despite trading above its moving averages, the overall sentiment appears negative, contributing to the recent price drop.
In the broader market context, Porwal Auto Components has outperformed the Sensex in the short term, with a 1-week return of 10.36% compared to the benchmark's decline of 0.92%. However, over the longer term, the stock has underperformed, with a year-to-date return of -7.67% against the Sensex's positive return of 2.20%. This suggests that while there may be some short-term volatility favoring the stock, the overall trend remains negative, influenced by falling investor interest and recent price movements.