Why is Prime Property falling/rising?

As of 28-Oct, Prime Property Development Corporation Ltd is experiencing a decline in its stock price, currently at Rs. 28.09, which reflects a decrease of Rs. 1.29 or 4.39%. The stock has hit a new 52-week low of Rs. 24.06 today, indicating significant downward pressure. It has underperformed its sector by 3.49% and has shown high volatility with an intraday range of Rs. 6.94. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. The delivery volume has also decreased significantly, falling by 69.45% against the 5-day average, indicating a drop in investor participation.
In the broader market context, Prime Property's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 0.24% over the past week while Prime Property has declined by 8.38%. Over the past month, the stock has decreased by 13.54%, contrasting sharply with the Sensex's increase of 5.22%. This underperformance over various time frames, coupled with the current volatility and low investor participation, suggests a challenging environment for the stock, contributing to its recent price decline.