Why is SPP Polymer falling/rising?

As of 18-Aug, SPP Polymer Ltd is experiencing a decline in its stock price, currently at 16.95, which reflects a decrease of 0.55 or 3.14%. The stock has underperformed its sector by 5.92% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 23.08% compared to the 5-day average. The stock's performance over the past week shows a decline of 2.02%, and over the past month, it has decreased by 3.14%. Year-to-date, SPP Polymer has seen a significant drop of 48.01%, indicating ongoing challenges for the company.
In the broader market context, the Sensex has shown a positive return of 1.19% over the past week and a slight decline of 0.37% over the past month, contrasting sharply with SPP Polymer's negative performance. This suggests that while the overall market is experiencing gains, SPP Polymer is struggling significantly. The company's year-to-date performance is particularly concerning, as it lags behind the Sensex, which has gained 5.21% in the same period. This disparity highlights the challenges faced by SPP Polymer in attracting investor confidence and maintaining its market position.