Why is Premier falling/rising?

As of 15-Oct, Premier Ltd's stock price is currently at 3.57, reflecting a decrease of 0.07 or 1.92%. The stock has been underperforming, having lost 7.51% over the last three days, and it is currently lower than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. Additionally, the stock has shown a negative trend in recent performance, with a 3.25% decline over the past week and a 10.30% drop over the past year, while the year-to-date return stands at a positive 14.06%. There is also a notable decrease in investor participation, with delivery volume falling by 74.44% compared to the 5-day average, indicating reduced interest in trading the stock.
Broader market context shows that while Premier Ltd has struggled in the short term, the benchmark Sensex has gained 1.02% over the past week and 1.00% over the past month, contrasting with Premier's negative returns. This underperformance relative to the benchmark suggests that broader market conditions are favoring other stocks, which may be contributing to Premier's decline. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume could signal waning investor confidence, further exacerbating its recent price decline.