Why is Purple Entertain falling/rising?

As of 16-Sep, Purple Entertainment Ltd's stock price is currently at 3.80, reflecting a decrease of 0.25, or 6.17%. The stock has underperformed its sector by 7.73% today, and its delivery volume has significantly dropped by 42.2% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a decline of 8.43%, and year-to-date, it has decreased by 30.15%. The stock is currently trading higher than its 50-day and 100-day moving averages but lower than its 5-day, 20-day, and 200-day moving averages. There is no information available regarding positive or negative factors impacting the stock. In the broader market context, the Sensex has gained 1.58% over the past week, contrasting sharply with Purple Entertainment's 8.43% decline. This underperformance is further highlighted by the stock's year-to-date return of -30.15%, while the benchmark has risen by 5.43%. The significant disparity in performance suggests that market conditions are favoring other investments, contributing to the downward pressure on Purple Entertainment's stock price.