Why is Promact Impex falling/rising?

As of 08-Jul, Promact Impex Ltd is experiencing a decline in its stock price, currently at 10.15, reflecting a decrease of 0.35 or 3.33%. The stock has underperformed its sector by 2.31% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 3.7% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with a drop of 96.95% compared to the 5-day average, suggesting a lack of investor interest. The stock's performance over various periods shows a year-to-date decline of 23.40% and a one-year decline of 25.64%, further emphasizing its struggles.
In the broader market context, while Promact Impex has faced significant challenges, the benchmark Sensex has shown a positive return of 1.85% over the past month and 7.13% year-to-date. This stark contrast highlights the stock's underperformance relative to the market. The recent negative trends in Promact Impex's stock price, coupled with falling investor participation and liquidity issues, indicate a lack of confidence among investors, which is contributing to its declining price movement.