Why is Presstonic Engi. falling/rising?

As of 16-Oct, Presstonic Engineering Ltd is experiencing a decline in its stock price, currently at Rs. 66.30, which reflects a decrease of Rs. 3.75 or 5.35%. The stock has hit a new 52-week low of Rs. 65.2 today and has underperformed its sector by 6.17%. Over the past week, the stock has dropped by 5.29%, and its year-to-date performance shows a significant decline of 40.94%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a notable drop in investor participation, with delivery volume falling by 74.14% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, the Sensex has shown a positive return of 1.60% over the past week, contrasting sharply with Presstonic Engineering's negative performance. This divergence highlights the stock's underperformance relative to the benchmark. While the specific positive and negative factors impacting the stock are not available, the significant decline in both stock price and investor participation suggests a lack of confidence among investors, further contributing to its downward trajectory.