Why is Swashthik Plas. falling/rising?

As of 04-Aug, Swashthik Plascon Ltd is experiencing a decline in its stock price, currently at Rs 40.00, reflecting a decrease of Rs 0.07 or 0.17%. The stock has underperformed its sector today by 1.16% and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 3.48% away from Rs 38.61. Over the past week, the stock has dropped by 0.45%, and it has seen a significant decline of 49.43% year-to-date, suggesting ongoing challenges. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 31.82% against the 5-day average, which may contribute to the stock's downward pressure.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Swashthik Plascon's negative performance. While the benchmark has gained 3.69% year-to-date, Swashthik Plascon's substantial decline of 49.43% indicates that it is not only underperforming relative to the market but also struggling significantly compared to its historical performance. The lack of positive factors available further emphasizes the challenges faced by the company, which may be impacting investor sentiment and contributing to the stock's decline.