Why is Tasty Dairy falling/rising?

As of 04-Nov, Tasty Dairy Specialities Ltd is experiencing a decline in its stock price, currently at 8.29, which reflects a decrease of 0.08 or 0.96%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.19%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also shown poor performance over various periods, with a year-to-date decline of 28.53% and a staggering 64.34% drop over the past five years. There is a slight positive note with rising investor participation, as the delivery volume increased by 48.48% on November 3 compared to the 5-day average, suggesting some interest despite the overall negative sentiment.
Broader market context shows that Tasty Dairy's recent performance has been weaker than the benchmark, Sensex, which has gained 6.81% year-to-date while Tasty Dairy has lost 28.53%. Over the past week, Tasty Dairy's return of -1.43% also lags behind the Sensex's decline of only 1.38%. This underperformance in comparison to the broader market indicates that the stock is struggling to attract investor confidence, further exacerbated by its significant losses over longer periods. Overall, the combination of declining stock price, poor historical performance, and recent underperformance against the benchmark contributes to the stock's current downward trajectory.