Why is Deep Polymers falling/rising?

As of 08-Aug, Deep Polymers Ltd is experiencing a decline in its stock price, currently at Rs 50.00, reflecting a decrease of Rs 2.63 or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.37% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 6.89%, while its one-month return is down 13.34%. Notably, investor participation has decreased significantly, with delivery volume dropping by 55.13% compared to the five-day average, which suggests a lack of confidence among investors.
In the broader market context, the Sensex has only declined by 0.92% over the past week, highlighting that Deep Polymers' performance is significantly worse than the overall market. The stock's year-to-date performance shows a staggering decline of 27.08%, contrasting sharply with the Sensex's gain of 2.20%. This underperformance relative to the benchmark indicates that the issues affecting Deep Polymers are specific to the company rather than a reflection of broader market trends. Overall, the combination of falling investor participation, poor recent returns, and consistent underperformance against the benchmark contributes to the stock's current downward trajectory.