Why is Prag Bosimi Syn. falling/rising?

As of 08-Aug, Prag Bosimi Synthetics Ltd is experiencing a decline in its stock price, currently at 2.18, which reflects a decrease of 0.02 or 0.91%. The stock has underperformed in the short term, with a 1-week return of -1.36% compared to the Sensex's -0.92%. Over the past month, the stock has dropped 3.96%, while the Sensex has decreased by 4.60%. Despite this, today's performance shows a slight positive note, as the stock outperformed its sector by 0.53%. However, it is trading below all key moving averages, indicating a bearish trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 76.8% against the 5-day average, suggesting some interest despite the overall downward movement.
In the broader market context, Prag Bosimi Synthetics Ltd's year-to-date performance is notably poor, with a decline of 26.35%, while the Sensex has gained 2.20% during the same period. This stark contrast highlights the stock's struggles relative to the market. The stock's longer-term performance is also concerning, with a 1-year decline of 38.24% against a modest gain of 1.23% for the Sensex. The lack of available positive or negative factors further complicates the outlook, as there is no additional context to explain the stock's recent movements. Overall, the combination of underperformance against the benchmark and the bearish trading indicators contributes to the stock's current decline.