Why is Swashthik Plas. falling/rising?

As of 20-Aug, Swashthik Plascon Ltd is experiencing a decline in its stock price, currently at Rs. 32.81, which represents a decrease of 1.58 or 4.59%. The stock has been underperforming significantly, having hit a new 52-week low of Rs. 32.68 today. Over the past week, it has fallen by 5.04%, and in the last month, it has seen a substantial drop of 19.45%. The stock has been losing value for the past three days, with a total decline of 9.54% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. Although there has been a rise in investor participation with a notable increase in delivery volume, the overall sentiment remains negative, contributing to the stock's recent downward movement.
In the broader market context, Swashthik Plascon Ltd's performance contrasts sharply with the Sensex, which has gained 1.64% over the past week. The stock's year-to-date decline of 58.52% further highlights its struggles compared to the benchmark's positive return of 4.76% in the same timeframe. This stark difference in performance suggests that while the market may be experiencing growth, Swashthik Plascon Ltd is facing significant challenges that are driving its stock price lower.