Why is Taylormade Renew falling/rising?

As of 07-Nov, Taylormade Renewables Ltd is experiencing a decline in its stock price, currently at Rs. 162.00, which reflects a decrease of Rs. 3.9 or 2.35%. The stock has hit a new 52-week low of Rs. 160 today and has been on a downward trend, having fallen consecutively for the last four days with a total decline of 6.01% over the past week. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite the company having a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the recent performance has been overshadowed by a significant year-over-year decline of 61.52%, coupled with a flat quarterly result that saw a drastic fall in profit after tax.
In the broader market context, Taylormade Renewables has underperformed relative to the benchmark, with the Sensex showing a slight decline of only 0.86% over the past week compared to the stock's 6.01% drop. This stark contrast highlights the stock's struggles in a market that has been relatively stable. The company's negative returns over the past year, despite rising profits, suggest that investor confidence is waning, further exacerbated by a notable decrease in delivery volume, which fell by 21.19% against the 5-day average. Overall, the combination of poor recent performance, underwhelming quarterly results, and declining investor participation contributes to the stock's current downward trajectory.