Why is Swashthik Plas. falling/rising?

As of 24-Oct, Swashthik Plascon Ltd is experiencing a decline in its stock price, currently at Rs 37.00, reflecting a decrease of 1.0 (-2.63%). The stock has underperformed its sector by 1.22% today and opened with a loss of 2.5%. It touched an intraday low of Rs 37, and has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant drop of 7.85%, and its year-to-date performance shows a staggering decline of 53.22%. Despite a recent increase in delivery volume by 257.14% against the 5-day average, the stock's erratic trading pattern, with no trades on one day out of the last 20, suggests a lack of consistent investor interest.
Broader Market Context: In contrast to the broader market, represented by the Sensex, which has gained 0.31% over the past week and 7.77% year-to-date, Swashthik Plascon Ltd's performance has been notably poor. The stock's significant underperformance over various time frames, including a 50.65% decline over the past year, highlights a troubling trend compared to the market's positive trajectory. This stark contrast indicates that while the market is generally moving upward, Swashthik Plascon Ltd is struggling to attract investor confidence, contributing to its declining stock price.