Why is Premier Energy falling/rising?

As of 04-Aug, Premier Energy & Infrastructure Ltd is experiencing a decline in its stock price, currently at 8.28, which represents a decrease of 0.16 or 1.9%. The stock has been underperforming, having lost 12.84% over the last seven days, and it has underperformed its sector by 3.37% today. Additionally, the stock's performance over the past week shows a significant decline of 9.31%, while it has gained 20.88% over the past month. However, year-to-date, it has seen a substantial drop of 61.84%. The delivery volume has also decreased dramatically, falling by 92.94% against the 5-day average, indicating a lack of investor participation, which may contribute to the downward pressure on the stock.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Premier Energy's significant decline. While the benchmark has gained 3.69% year-to-date, Premier Energy's drastic drop highlights its underperformance relative to the market. The stock's moving averages indicate that it is currently lower than the 5-day and 200-day averages, which may signal bearish sentiment among investors. Overall, the combination of falling investor participation, consecutive losses, and poor short-term returns compared to the benchmark suggests a challenging environment for Premier Energy.