Why is Global Pet Indus falling/rising?

As of 28-Aug, Global Pet Industries Ltd is experiencing a decline in its stock price, currently at 129.00, reflecting a decrease of 2.35 or 1.79%. The stock has underperformed its sector today by 2.15%, and its delivery volume has significantly dropped by 85.71% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 4.41%, and over the past month, it has fallen by 5.77%. However, it has shown a year-to-date increase of 16.22% and a 1-year increase of 5.52%, suggesting that while there are short-term challenges, the stock has performed well over a longer timeframe.
In the broader market context, the Sensex has also faced declines, with a 1-week drop of 2.32% and a 1-month decline of 0.73%. Despite this, Global Pet Industries Ltd's recent performance has been worse than the benchmark, particularly in the short term. The stock's current price movement reflects a lack of positive momentum, compounded by lower trading volumes and underperformance relative to both its sector and the broader market. Overall, the combination of declining investor interest and recent price movements has contributed to the stock's downward trend.