Why is Peria Kara. Tea falling/rising?

As of 12-Nov, Peria Karamalai Tea & Produce Company Ltd is experiencing a decline in its stock price, currently at 652.35, reflecting a decrease of 31.15 points or 4.56%. The stock has underperformed its sector by 5.25% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.89%, and its one-month performance shows a significant drop of 16.37%, while year-to-date it has fallen by 11.93%. Despite a strong one-year return of 22.85%, the company is facing challenges with operating losses and a decline in net sales and profit after tax, which have fallen sharply compared to previous quarters. Although promoter confidence has increased with a 0.59% stake rise, the overall weak long-term fundamentals and declining profitability are contributing to the stock's recent downward movement.
In the broader market context, the stock's short-term performance is notably worse than the benchmark, with the Sensex gaining 1.09% over the past week and 2.34% over the past month. This stark contrast highlights the stock's struggles relative to the market, particularly given its substantial losses in recent quarters. While the company has shown some resilience with a strong one-year return compared to the market, the significant drop in profits and weak sales growth indicate underlying issues that are likely influencing investor sentiment negatively, leading to the current decline in stock price.