Why is Haldyn Glass falling/rising?

As of 12-Nov, Haldyn Glass Ltd is experiencing a decline in its stock price, currently at Rs 90.98, which reflects a decrease of Rs 3.96 or 4.17%. The stock has underperformed its sector by 4.3% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 4.3%. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 37.75% and a one-year drop of 49.27%. It is trading below all key moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 27.59% against the five-day average, the overall sentiment remains negative, and there are no positive factors available to counterbalance the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.21% over the past week and 2.38% over the past month, Haldyn Glass's performance has been notably weak, with a weekly decline of 5.15% and a monthly drop of 7.22%. This stark contrast highlights the stock's struggles relative to the broader market, where the Sensex has shown positive returns both in the short term and year-to-date, while Haldyn Glass continues to face significant losses. The liquidity of the stock remains adequate for trading, but the overall market context suggests that investor confidence in Haldyn Glass is waning, contributing to its falling stock price.