Why is HP Adhesives falling/rising?

As of 12-Sep, HP Adhesives Ltd is currently priced at 48.21, reflecting an increase of 0.81 or 1.71%. The stock has shown a positive performance today, outperforming its sector by 0.83%. However, it is important to note that while the stock has gained 4.69% over the past week and 4.96% over the past month, it has significantly underperformed over the longer term, with a year-to-date decline of 41.09% and a one-year drop of 50.35%. The stock's moving averages indicate it is performing better than the 5-day and 20-day averages but is still below the 50-day, 100-day, and 200-day averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 6.68% against the 5-day average, which may indicate waning interest among investors.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has only increased by 1.48% over the past week. Despite this, the stock has consistently underperformed against the benchmark over the last three years, with a notable decline in institutional investor participation, as they have reduced their stake by 1.6% in the last quarter. The company's low debt-to-equity ratio and attractive valuation with a price-to-book value of 2.4 suggest some underlying strength; however, the significant drop in profits by 23.7% over the past year and flat results in the latest quarter raise concerns about its future performance. Overall, while there are some positive indicators, the persistent underperformance and declining investor interest contribute to a cautious outlook for HP Adhesives Ltd.