Why is HP Adhesives falling/rising?

As of 26-Aug, HP Adhesives Ltd is experiencing a decline in its stock price, currently at 46.19, down by 0.51 or 1.09%. The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total drop of 2.26%. It is trading below all moving averages, indicating a bearish trend. Additionally, the stock has shown significant underperformance over various periods, with a year-to-date return of -43.55% and a one-year return of -53.90%. The company's profits have also decreased by 23.7%, contributing to the negative sentiment surrounding the stock. Furthermore, there has been a notable reduction in investor participation, with delivery volume dropping by 32.93% compared to the five-day average.
In the broader market context, the stock's short-term performance has been worse than the benchmark, with a one-week return of -1.43% compared to the Sensex's -1.05%. This underperformance is compounded by a decrease in institutional investor participation, which has fallen by 1.6% in the previous quarter, suggesting a lack of confidence from more knowledgeable investors. The stock's low debt-to-equity ratio and attractive valuation metrics do not seem to be sufficient to offset the negative trends in profitability and investor sentiment, leading to a continued decline in its market price.