Why is Tainwala Chem. falling/rising?

As of 10-Jul, Tainwala Chemicals & Plastics (India) Ltd is experiencing a decline in its stock price, currently at 210.00, reflecting a decrease of 0.6 or 0.28%. The stock has underperformed significantly today, with a performance that is 99.73% lower than its sector. Additionally, it has not traded on 2 out of the last 20 days, indicating erratic trading behavior. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent rise in delivery volume by 28.17% against the 5-day average, the stock's year-to-date performance shows a substantial decline of 23.89%, contrasting with a positive return of 10.53% over the past year. While the company has reported positive results in March 2025 after two consecutive negative quarters, the long-term fundamentals remain weak, with a low return on equity of 3.31% and poor growth metrics.
In the broader market context, Tainwala Chemicals has underperformed the benchmark Sensex, which has gained 6.46% year-to-date, while Tainwala's stock has dropped significantly. The stock's performance over the last week and month also reflects a downward trend, with declines of 8.68% and 6.67%, respectively. Although the company has shown consistent returns over the last three years and has outperformed the BSE500 in annual periods, the weak long-term growth prospects and high valuation metrics, such as a PEG ratio of 17.5, suggest that investors may be cautious. This combination of factors contributes to the stock's current downward movement in a market that is otherwise showing positive trends.