Why is Prajay Engineers falling/rising?

As of 07-Nov, Prajay Engineers Syndicate Ltd is experiencing a decline in its stock price, currently at Rs 29.76, which represents a decrease of Rs 1.21 or 3.91%. The stock has been underperforming, having fallen consecutively for the last two days, with a total drop of 7% during this period. Today, it opened with a loss of 3.78% and reached an intraday low of Rs 29.43, reflecting high volatility with an intraday fluctuation of 5.11%. Additionally, the stock's delivery volume has significantly decreased, falling by 89.23% compared to the 5-day average, indicating reduced investor participation. The stock's performance over the past week shows a decline of 9.19%, while it has gained 10.02% over the past month, suggesting a recent downturn after a period of recovery.
In the broader market context, the Sensex has only decreased by 0.86% over the past week, indicating that Prajay Engineers is underperforming relative to the benchmark. While the stock has shown positive returns of 0.20% year-to-date, it has declined by 14.26% over the past year, contrasting with the Sensex's gain of 4.62% in the same timeframe. This suggests that the stock's recent struggles are not aligned with the overall market trends, which have been more favorable. The combination of high volatility, falling investor participation, and the stock's significant underperformance compared to the benchmark may be contributing to the downward pressure on its price.