Why is Prit Nandy Comm. falling/rising?

As of 17-Oct, Pritish Nandy Communications Ltd is experiencing a decline in its stock price, currently at Rs 30.49, which represents a decrease of 1.49 (-4.66%). The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.72% during this period. Today, it opened with a loss of 4.66% and has not traded outside this price range. Additionally, the stock's performance over the past week shows a decline of 1.65%, and over the past month, it has decreased by 14.38%. The stock is currently trading higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. Notably, investor participation has significantly decreased, with delivery volume dropping by 97.56% compared to the 5-day average.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has increased by 1.76% over the past week and 1.52% over the past month. This indicates that while the overall market is experiencing gains, Pritish Nandy Communications Ltd is struggling to keep pace, highlighting its underperformance relative to the benchmark. The significant drop in investor participation and the stock's inability to recover from its recent lows suggest a lack of confidence among investors, contributing to its downward trajectory.