Why is PPAP Automotive falling/rising?

As of 07-Nov, PPAP Automotive Ltd is experiencing a decline in its stock price, currently at Rs 260.05, which reflects a decrease of Rs 4.55 or 1.72%. The stock has underperformed its sector today by 1.55% and has seen a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 254.65, indicating a drop of 3.76%. Additionally, the stock's delivery volume has significantly decreased by 79.46% compared to the 5-day average, suggesting falling investor participation. Over the past month, the stock has shown a positive return of 11.66%, but it has underperformed the benchmark Sensex, which gained 1.57% during the same period.
In the broader market context, while PPAP Automotive has had a strong year-to-date return of 16.88% compared to the Sensex's 6.50%, its recent performance indicates a struggle in the short term. The stock's performance over the last week shows a decline of 2.05%, contrasting with the Sensex's smaller drop of 0.86%. The stock's moving averages indicate it is currently above the longer-term averages but below the 5-day average, which may suggest a short-term weakness. Overall, the combination of decreased trading volume and recent price movements reflects a challenging environment for PPAP Automotive in the current market.