Why is Hind.Adhesive falling/rising?

As of 06-Nov, Hindustan Adhesives Ltd is experiencing a decline in its stock price, currently at Rs 293.10, which reflects a decrease of Rs 7.8 or 2.59%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.39% over the past week. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 4.04% away from Rs 281.25. Despite a slight increase in delivery volume, the overall performance remains weak, particularly as it has underperformed its sector by 3.25%.
In the broader market context, Hindustan Adhesives Ltd's short-term performance has significantly lagged behind the benchmark Sensex, which has only declined by 1.30% over the past week. Year-to-date, the stock has dropped 28.67%, contrasting sharply with the Sensex's gain of 6.62%. This stark difference highlights the challenges faced by the company relative to the overall market. The lack of positive factors in the dashboard further emphasizes the stock's struggles, contributing to its downward trajectory amidst a generally more favorable market environment.