Why is Porwal Auto Comp falling/rising?

As of 13-Oct, Porwal Auto Components Ltd is experiencing a decline in its stock price, currently at Rs 55.74, which represents a decrease of Rs 2.07 or 3.58%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in an overall drop of 8.1% during this period. Additionally, the stock has underperformed its sector by 3.68% today. It reached an intraday low of Rs 54.45, and while it is trading above the 100-day and 200-day moving averages, it is below the 5-day, 20-day, and 50-day moving averages. There has been a notable increase in investor participation, with a 21.87% rise in delivery volume compared to the 5-day average, indicating some interest despite the price decline.
In the broader market context, Porwal Auto Components Ltd has shown a negative return of 11.82% over the past month, while the benchmark Sensex has increased by 0.52% during the same period. Year-to-date, the stock has declined by 2.38%, contrasting sharply with the Sensex's gain of 5.36%. Over the past year, the stock has dropped 21.69%, while the benchmark has only increased by 1.16%. This significant underperformance relative to the market suggests that investor sentiment towards Porwal Auto Components Ltd is currently bearish, contributing to the recent price decline.