Why is Prime Industries falling/rising?

As of 20-Oct, Prime Industries Ltd is experiencing a significant decline in its stock price, currently at Rs. 39.32, which represents a decrease of Rs. 5.82 or 12.89%. The stock has hit a new 52-week low of Rs. 37.35 today and has underperformed its sector by 13.1%. Over the past four days, the stock has consistently fallen, resulting in a total decline of 22.83%. Despite opening with a gain of 10.54% today and reaching an intraday high of Rs. 49.9, the stock's performance has been overshadowed by high volatility, trading in a wide range of Rs. 12.55, and consistently trading below its moving averages. There is a notable increase in investor participation, with delivery volume rising significantly, indicating some interest despite the overall downward trend.
In the broader market context, Prime Industries' performance has been starkly contrasted with the Sensex, which has shown positive returns of 2.47% over the past week. The stock's year-to-date decline of 76.71% further highlights its struggles compared to the benchmark's 7.97% gain. This stark difference in performance suggests that while the overall market may be stabilizing or improving, Prime Industries is facing significant challenges that are driving its stock price down. The lack of positive factors in the dashboard further emphasizes the difficulties the company is encountering, contributing to the negative sentiment surrounding its stock.