Why is Ashish Polyplast falling/rising?

As of 29-Oct, Ashish Polyplast Ltd is experiencing a decline in its stock price, currently at 37.01, which reflects a decrease of 0.98 or 2.58%. The stock has been underperforming, having lost 3.57% over the last two days and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week shows a decline of 6.16%, while its year-to-date return is down by 31.46%. Despite a slight increase in delivery volume, the overall sentiment appears negative, and there are no positive factors available to counterbalance this trend.
In the broader market context, Ashish Polyplast's recent performance contrasts sharply with the Sensex, which has gained 0.68% over the past week and 8.78% year-to-date. This stark difference highlights the stock's struggle to keep pace with the benchmark, further emphasizing its underperformance. The stock's inability to align with the positive movements in the broader market indicates a lack of investor confidence, contributing to its ongoing decline.