Why is Hind.Tin Works falling/rising?

As of 17-Nov, Hindustan Tin Works Ltd is experiencing a decline in its stock price, currently at Rs 120.20, which reflects a decrease of Rs 5.8 or 4.6%. The stock has been underperforming significantly, with a consecutive fall over the last three days resulting in a total drop of 6.75%. It is also trading close to its 52-week low, just 2.75% away from Rs 116.9. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 39.14% compared to a positive return of 8.72% for the benchmark Sensex. The stock is trading below all key moving averages, indicating a bearish trend, and has seen a drastic reduction in investor participation, with delivery volume plummeting by 76.71% against the five-day average.
Broader Market Context: In the context of the broader market, Hindustan Tin Works' short-term performance is notably poor compared to the Sensex, which has gained 1.69% over the past week while the stock has dropped 8.24%. This stark contrast highlights the stock's struggles relative to the overall market, suggesting that investor sentiment towards Hindustan Tin Works is weak. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume and the consistent underperformance against sector benchmarks indicate a lack of confidence among investors, contributing to the ongoing decline in its stock price.