Why is Prime Industries falling/rising?

As of 26-Sep, Prime Industries Ltd is experiencing a decline in its stock price, currently at Rs 51.00, which reflects a decrease of Rs 2.94 or 5.45%. The stock has underperformed its sector by 3.36% today and has fallen after two consecutive days of gains. Although it opened with a 2% gain, it reached an intraday high of Rs 58.05 before dropping to a low of Rs 50.61, indicating high volatility with a wide trading range of Rs 7.44. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a significant drop in investor participation, with delivery volume falling by 87.98% compared to the 5-day average. The stock's year-to-date performance shows a substantial decline of 69.79%, while its one-year return is down 71.96%, contrasting sharply with the Sensex's positive return of 2.93% over the same period.
In the broader market context, Prime Industries' short-term performance has been notably poor compared to the benchmark Sensex, which has only declined by 2.66% over the past week, while Prime Industries has dropped by 9.73%. This stark difference highlights the stock's significant underperformance relative to the market. The overall market sentiment appears to be more favorable, as indicated by the Sensex's positive returns, while Prime Industries continues to struggle with declining investor confidence and liquidity issues.