Why is Deep Polymers falling/rising?

As of 24-Sep, Deep Polymers Ltd is currently priced at 49.50, reflecting a decrease of 0.16, or 0.32%. The stock has been on a downward trend, losing value for the last three consecutive days and showing a return of -2.94% over the past week. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, the delivery volume has decreased by 5.22% compared to the 5-day average, suggesting falling investor participation. While the company has a low debt-to-equity ratio and has shown healthy long-term growth in operating profit, it has also faced significant challenges, including a -44.07% return over the past year and a -23.3% decline in profits, which contribute to the stock's recent struggles.
In the broader market context, Deep Polymers' performance has been notably weaker compared to the benchmark, with a -10.00% return over the past month against a +0.50% return for the Sensex. The stock has consistently underperformed against the benchmark over the last three years, which may be influencing investor sentiment negatively. Despite some positive indicators, such as rising promoter confidence with a 0.66% increase in stake, the overall poor management efficiency and negative financial results have overshadowed these factors, leading to a lack of confidence in the stock's future performance.