Why is Tai Industries falling/rising?

As of 17-Nov, Tai Industries Ltd is experiencing a decline in its stock price, currently at Rs 30.96, which represents a decrease of Rs 1.82 or 5.55%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.42% during this period. Additionally, it is trading close to its 52-week low, just 3% away from Rs 30.03. The stock's performance over the past week shows a decrease of 3.85%, and year-to-date, it has dropped significantly by 35.46%, contrasting sharply with the Sensex, which has gained 8.72% during the same timeframe. The stock is also trading below all its moving averages, indicating a bearish trend.
In the broader market context, Tai Industries' recent performance is notably weaker compared to the Sensex, which has shown positive returns across various periods, including a 1.69% gain over the past week. While there has been a rise in investor participation, with delivery volume increasing by 61.12% against the five-day average, the overall sentiment remains negative as the stock has underperformed its sector by 5.96% today. This combination of poor stock performance relative to the benchmark and the prevailing downward trend contributes to the stock's current decline.