Why is HP Adhesives falling/rising?

As of 01-Sep, HP Adhesives Ltd is experiencing a decline in its stock price, currently at 46.02, which reflects a decrease of 0.22 or 0.48%. The stock has underperformed its sector by 1.28% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has decreased by 1.46%, and its performance over the last month shows a significant drop of 6.69%. Additionally, while the stock has generated a return of -53.28% over the past year, its profits have fallen by 23.7%, indicating underlying financial challenges. However, the company maintains a low debt-to-equity ratio of 0.02 and an attractive valuation with a price-to-book value of 2.3, suggesting some positive aspects despite the overall negative performance.
In the broader market context, HP Adhesives' recent performance has been slightly better than the benchmark Sensex, which has declined by 1.56% over the past week. However, the stock's year-to-date performance is notably poor, with a decline of 43.76% compared to the Sensex's increase of 2.85%. This stark contrast highlights the challenges faced by HP Adhesives in a market that has generally seen positive returns. The rising investor participation, indicated by an increase in delivery volume, may suggest some interest in the stock, but the overall negative trends in price and returns indicate that investors remain cautious.