Why is HP Adhesives falling/rising?

As of 11-Nov, HP Adhesives Ltd is experiencing a decline in its stock price, currently at Rs 48.10, which reflects a decrease of Rs 2.28 or 4.53%. Today's price summary indicates that the stock has underperformed its sector by 5.06% and has fallen after two consecutive days of gains. It reached an intraday low of Rs 47.76, marking a drop of 5.2%. Additionally, the stock's delivery volume has decreased significantly, falling by 38.68% compared to the 5-day average, suggesting a decline in investor participation. Over the past year, the stock has underperformed considerably, with a year-to-date return of -41.22%, while the benchmark Sensex has gained 7.34%.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has shown a positive return of 0.49% over the past week. While HP Adhesives has seen a slight increase of 1.35% over the past month, it still lags behind the benchmark's 1.66% gain during the same period. The significant underperformance over longer time frames, including a 41.34% decline over the past year compared to the Sensex's 5.50% increase, highlights the challenges faced by HP Adhesives in attracting investor confidence amidst a generally positive market environment.