Why is HP Adhesives falling/rising?

As of 13-Aug, HP Adhesives Ltd is experiencing a decline in its stock price, currently at 45.88, reflecting a decrease of 0.08 or 0.17%. The stock has underperformed its sector today by 2.15%, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 4.95%, and it has seen a significant decline of 52.36% over the past year, while its profits have fallen by 23.7%. Despite a low debt-to-equity ratio of 0.02 and an attractive valuation with a price-to-book value of 2.3, the stock's performance has been negatively impacted by falling investor participation, as evidenced by a 28.4% decrease in delivery volume compared to the 5-day average.
In the broader market context, the Sensex has remained relatively stable with a minor decline of 0.01% over the past week, contrasting sharply with HP Adhesives' significant drop. The chemicals sector has gained by 2.01%, highlighting the stock's underperformance relative to its peers. The stark difference in returns, with HP Adhesives down 10.18% over the past month compared to the Sensex's 2.38% decline, indicates that the company's challenges are more pronounced than those faced by the overall market. This combination of poor stock performance, declining investor interest, and a struggling financial outlook contributes to the current downward trend in HP Adhesives' stock price.