Why is PPAP Automotive falling/rising?

As of 14-Nov, PPAP Automotive Ltd is experiencing a decline in its stock price, currently at 241.35, which reflects a decrease of 8.85 points or 3.54%. The stock has underperformed its sector by 3.59% today and has been on a downward trend for the last two days, accumulating a total loss of 7.86% during this period. It opened the day with a loss of 2.08% and reached an intraday low of Rs 226.45, marking a significant drop of 9.49%. In terms of returns, the stock has shown a mixed performance over various periods, with a year-to-date increase of 8.47% and a one-year gain of 20.07%, although it has underperformed the benchmark Sensex in the short term, particularly over the last week with a decline of 6.81% compared to the Sensex's increase of 1.62%. Notably, the stock has higher trading volumes closer to its low price, indicating increased investor participation, with a 54.51% rise in delivery volume against the five-day average.
Broader Market Context: The broader market context shows that while the Sensex has performed positively, PPAP Automotive's recent performance has been lackluster, particularly in the short term. The stock's decline contrasts with the benchmark's positive movement, suggesting that investor sentiment towards PPAP Automotive is currently negative. Despite the stock's higher moving averages over longer periods, it is currently trading below its shorter-term moving averages, indicating potential weakness. The liquidity of the stock remains adequate for trading, but the recent price movements and underperformance relative to the sector may reflect broader concerns among investors regarding the company's outlook.