Why is Deep Polymers falling/rising?

As of 23-Sep, Deep Polymers Ltd is experiencing a decline in its stock price, currently at Rs 49.40, which represents a decrease of Rs 1.2 or 2.37%. The stock has underperformed its sector by 1.81% today and has been on a downward trend for the last two days, with a total decline of 3.14% during this period. The stock reached an intraday high of Rs 51.7 but also touched a low of Rs 49.2. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a low debt-to-equity ratio and healthy long-term growth in operating profit, the stock has generated a significant negative return of -43.77% over the past year, with profits falling by 23.3%. Additionally, while promoter confidence has increased with a 0.66% rise in stake, the overall management efficiency remains low, contributing to the stock's recent struggles.
In the broader market context, Deep Polymers has underperformed the benchmark, with a 1-week return of -3.12% compared to the Sensex's -0.34%. Over the past month, the stock has dropped by 10.18%, while the Sensex has gained 0.98%. This consistent underperformance against the benchmark over the last three years, combined with negative financial results, has likely contributed to investor sentiment turning bearish. The stock's liquidity remains adequate for trading, but the overall trend suggests that investors are cautious, reflecting the company's challenges in profitability and management efficiency.