Why is T N Petro Prod. falling/rising?

As of 27-Jun, Tamil Nadu Petro Products Ltd is experiencing a decline in its stock price, currently at Rs 96.46, reflecting a decrease of Rs 1.76 or 1.79%. The stock has underperformed its sector by 1.01% today and has been on a downward trend for the last two days, with a total decline of 3.34% during this period. Despite this recent drop, the stock has shown strong performance over the past month, with a return of 19.26%, and has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the company maintains a low debt-to-equity ratio, which is generally favorable for its financial health, but the recent fall in delivery volume by 56.02% against the 5-day average indicates a decrease in investor participation.
In the broader market context, Tamil Nadu Petro Products Ltd has outperformed the Sensex over the past week and month, with returns of 6.12% and 19.26%, respectively, compared to the Sensex's 2.00% and 3.07%. However, the stock's recent struggles may reflect a temporary correction after a strong performance, as it has not kept pace with the benchmark's longer-term returns, particularly over the last three years where the Sensex has significantly outperformed the stock with a return of 58.12%. Overall, while the stock has shown resilience in the longer term, the current decline may be attributed to short-term market dynamics and reduced trading activity.