Why is T N Petro Prod. falling/rising?

As of 06-Nov, Tamil Nadu Petro Products Ltd is experiencing a decline in its stock price, currently at Rs 114.70, which reflects a decrease of Rs 5.95 or 4.93%. The stock has underperformed its sector by 2.28% today and has been on a consecutive fall for the last two days, resulting in a total drop of 8.13%. It opened with a loss of 3.85% today and reached an intraday low of Rs 114.70. Additionally, the stock's performance over the past week shows a decline of 1.84%, while it has maintained a strong year-to-date return of 41.89%. However, the recent trading volume indicates a decrease in investor participation, with delivery volume falling by 43.32% compared to the five-day average.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 1.30% over the past week, Tamil Nadu Petro Products Ltd's short-term performance is worse, indicating a more pronounced weakness in its stock. The petrochemical sector overall has also faced a downturn, with a decline of 2.58%. While the stock has shown strong long-term returns, the recent negative trends in both stock-specific factors and broader market conditions suggest that investor sentiment may be shifting, contributing to the stock's current downward trajectory.