Why is SPP Polymer falling/rising?

As of 15-Sep, SPP Polymer Ltd is experiencing a decline in its stock price, currently at 17.00, reflecting a decrease of 0.1 or 0.58%. The stock has underperformed its sector today by 0.52%. In terms of returns, the stock has shown a negative performance over the past week, down 0.58%, and has also declined by 2.86% over the past month. Year-to-date, the stock has significantly underperformed, with a drop of 47.85%, while the benchmark Sensex has increased by 6.02%. The stock's moving averages indicate that it is currently higher than the 5-day and 20-day averages but lower than the 50-day, 100-day, and 200-day averages, suggesting a bearish trend. There are no positive or negative factors available to provide additional context for the stock's recent movement.
In the broader market context, SPP Polymer's short-term performance has lagged behind the Sensex, which has gained 1.20% over the past week. This underperformance is indicative of a challenging environment for the stock, especially given its substantial year-to-date decline compared to the overall market's positive trajectory. The liquidity of the stock appears adequate for trading, but the overall negative returns suggest that investor sentiment may be unfavorable, contributing to the stock's downward movement.