Why is Hittco Tools falling/rising?

As of 07-Nov, Hittco Tools Ltd's stock price is currently at 13.55, reflecting a decrease of 0.3, or 2.17%. The stock has been on a downward trend, having underperformed its sector by 1.51% today and experiencing a consecutive fall over the last four days, resulting in a total decline of 3.15% during this period. Additionally, the stock's performance over the past year shows a significant drop of 9.36%, contrasting with the Sensex's increase of 4.62%. While the stock is trading higher than its 200-day moving average, it is below its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a bearish trend. There is a slight positive note with rising investor participation, as the delivery volume increased by 5.96% compared to the 5-day average, suggesting some interest despite the overall decline.
In the broader market context, Hittco Tools' short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.15% compared to the Sensex's decline of only 0.86%. This underperformance highlights the stock's struggles relative to the market, particularly in the short term. Year-to-date, Hittco Tools has managed a modest gain of 0.37%, while the Sensex has risen by 6.50%, further emphasizing the stock's lagging performance. Overall, the combination of recent price declines, underperformance against the sector, and the broader market trends contributes to the current negative sentiment surrounding Hittco Tools Ltd.