Why is Purple United falling/rising?

As of 24-Sep, Purple United Sales Ltd is experiencing a decline in its stock price, currently at 416.00, which reflects a decrease of 8.5 points or 2.0%. The stock has underperformed its sector by 2.3% today, and there has been a significant drop in investor participation, with delivery volume falling by 71.7% compared to the 5-day average. Although the stock is trading higher than its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Over the past week, the stock has seen a notable decline of 11.44%, contrasting with a modest gain of 6.94% over the past month, and an impressive year-to-date increase of 116.95%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the stock's recent performance has been notably worse than the benchmark, with the Sensex only declining by 1.08% over the same week. This underperformance indicates that while the overall market has faced some challenges, Purple United has struggled significantly more. The stock's liquidity remains adequate for trading, but the sharp drop in delivery volume suggests a lack of investor confidence, which may be contributing to its current downward trend.