Why is Purple Entertain falling/rising?

As of 06-Oct, Purple Entertainment Ltd is experiencing a decline in its stock price, currently at 4.06, which represents a decrease of 0.64 or 13.62%. The stock has underperformed its sector by 12.64% today, and its delivery volume has significantly decreased by 32.16% compared to the 5-day average, indicating falling investor participation. Additionally, while the stock is higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages. Over various periods, the stock has shown substantial declines, with a year-to-date drop of 25.37% and a staggering 78.63% decline over the past five years, contrasting sharply with the positive performance of the Sensex, which has gained 4.67% year-to-date.
In the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -20.08%, while the Sensex has increased by 1.77% in the same timeframe. This stark contrast highlights the stock's struggles relative to the market. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts mentioned that could potentially influence the stock's performance positively. Overall, the combination of declining investor interest, poor recent performance, and the broader market's relative strength contributes to the ongoing decline in Purple Entertainment Ltd's stock price.