Why is SPP Polymer falling/rising?

As of 29-Aug, SPP Polymer Ltd is experiencing a decline in its stock price, currently at 16.25, which reflects a decrease of 0.25 or 1.52%. The stock has underperformed its sector by 1.98% today, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume on 28 August falling by 82.14% compared to the 5-day average. The stock has also shown a poor performance over the past week and month, with declines of 2.69% and 6.07%, respectively, while year-to-date, it has plummeted by 50.15%. Unfortunately, there is no information available regarding positive or negative factors that could provide further context for the stock's recent movement.
In the broader market context, SPP Polymer's performance has been notably worse than the benchmark, with the Sensex showing a decline of only 1.78% over the past week and 1.59% over the past month. Year-to-date, while SPP Polymer has dropped significantly, the Sensex has gained 3.31%. This stark contrast highlights the stock's struggles relative to the overall market, indicating that external market conditions may not be the primary driver of its decline, but rather company-specific issues are at play.