Why is Premco Global falling/rising?

As of 14-Nov, Premco Global Ltd. is experiencing a significant decline in its stock price, currently at 505.00, which represents a decrease of 92.5 points or 15.48%. The stock has been underperforming, having lost 19.22% over the last four days, and opened today with a substantial gap down of 22.95%. It has also touched an intraday low of Rs 460.4. Despite a high dividend yield of 7.87% and increased investor participation with a delivery volume rise of 98.55% against the 5-day average, the stock's performance today has been characterized by high volatility and a wide trading range of Rs 89.6. In terms of returns, the stock has shown a 16.10% decline over the past week, while it has performed positively over the longer term with a 51.22% increase over the last three years.
In the broader market context, the Sensex has gained 1.62% over the past week, contrasting sharply with Premco Global's decline. This underperformance relative to the benchmark indicates that the stock is not only struggling in its sector but also failing to keep pace with the overall market trends. The stock's performance over the last month shows a positive return of 13.74%, but the recent downturn suggests that current market sentiment may be weighing heavily on investor confidence. Overall, while there are some positive indicators such as high dividend yield and increased trading volume, the recent price movements and broader market performance highlight significant challenges for Premco Global Ltd.