Why is Power & Instrum. falling/rising?

As of 24-Oct, Power & Instrumentation (Gujarat) Ltd is experiencing a decline in its stock price, currently at Rs 156.30, which represents a decrease of Rs 7.35 or 4.49%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 8.46% during this period. Additionally, the stock's performance over the past week shows a significant drop of 9.44%, while it has decreased by 52.83% year-to-date. The stock is currently trading below its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains above the 100-day moving average. There is a notable increase in investor participation, with delivery volume rising by 57.78% against the 5-day average, indicating some interest despite the overall negative trend.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.31% over the past week, Power & Instrumentation's stock has significantly underperformed. The Sensex has also shown positive returns of 3.05% over the past month and 7.77% year-to-date, contrasting sharply with the declines experienced by Power & Instrumentation. This disparity suggests that broader market conditions are favorable, yet the company is struggling to maintain investor confidence, as reflected in its substantial negative returns over various time frames.