Why is HP Adhesives falling/rising?

As of 18-Aug, HP Adhesives Ltd is experiencing a slight decline in its stock price, currently at 46.03, with a change of -0.02, representing a decrease of 0.04%. The stock has underperformed its sector by 1.06% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 0.46%, but it has significantly underperformed over the longer term, with a 1-month return of -9.75% and a year-to-date decline of -43.75%. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 39.51% compared to the 5-day average. Despite a low debt-to-equity ratio and an attractive valuation, the stock's profits have decreased by 23.7% over the past year, contributing to its poor performance.
In the broader market context, the Sensex has increased by 0.83% over the past week, indicating that HP Adhesives' short-term performance is lagging behind the benchmark. While the stock's current price reflects a discount compared to its peers' average historical valuations, the significant decline in its year-to-date performance of -43.75% compared to the Sensex's gain of 4.01% suggests that investor sentiment remains weak. The overall market conditions appear to favor other stocks, as evidenced by the Sensex's positive returns, further exacerbating the challenges faced by HP Adhesives Ltd.