Why is Indag Rubber falling/rising?

As of 05-Aug, Indag Rubber Ltd's stock price is currently at 127.10, reflecting a decrease of 5.0, or 3.79%. The stock opened the day with a gain of 3.67% but subsequently fell to an intraday low of Rs 126.6, indicating volatility within the trading session. Over the past week, the stock has underperformed the sector by 3.27%, and its performance over the last month shows a decline of 7.76%. Year-to-date, the stock has dropped significantly by 27.93%, and over the past year, it has decreased by 45.23%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. While there has been a rise in investor participation with a 60.57% increase in delivery volume, the absence of any positive factors in the dashboard indicates that the stock's recent movement is primarily influenced by negative sentiment.
Broader market context shows that the Sensex has experienced a decline of only 0.77% over the past week, indicating that Indag Rubber's short-term performance is significantly worse than the benchmark. The stock's year-to-date performance of -27.93% contrasts sharply with the Sensex's gain of 3.29%, highlighting a substantial underperformance relative to the broader market. This divergence suggests that while the overall market may be stable or improving, Indag Rubber is facing specific challenges that are negatively impacting its stock price.