Why is Tanfac Inds. falling/rising?

As of 17-Oct, Tanfac Industries Ltd is experiencing a decline in its stock price, currently at 3,846.60, reflecting a decrease of 277.1 points or 6.72%. The stock has been underperforming, having fallen consecutively for the last five days, with a total return of -11.72% over the past week. Today, it opened with a loss of 3% and reached an intraday low of Rs 3,802, indicating significant selling pressure. Despite this, the stock has shown strong long-term performance, with a remarkable 94.77% return over the past year, significantly outperforming the broader market. The company maintains a low debt-to-equity ratio and has demonstrated healthy growth in net sales and operating profit, which could suggest underlying strength despite the recent price drop.
In the broader market context, Tanfac Industries' recent performance contrasts sharply with the Sensex, which has gained 1.76% over the past week. This indicates that while the stock has been declining, the overall market has been moving upward. The stock's recent underperformance of 6.4% against its sector further emphasizes its struggles in the short term. However, the rising investor participation, as evidenced by a 43.46% increase in delivery volume, suggests that there may be interest in the stock at lower price levels, potentially indicating a future recovery.