Why is Tega Inds. falling/rising?

As of 22-Sep, Tega Industries Ltd is experiencing a decline in its stock price, currently at Rs 1,974.70, reflecting a decrease of Rs 40.6 or 2.01%. The stock has underperformed its sector by 0.96% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 6.62% during this period. Despite a strong performance over the past year with a return of 5.74% and a significant increase of 249.29% over the last three years, the stock is currently facing challenges, including a decrease in investor participation, as evidenced by a 72.65% drop in delivery volume compared to the five-day average. The stock is trading above its 50, 100, and 200-day moving averages but below its 5 and 20-day moving averages, indicating mixed short-term momentum.
Broader Market Context: In comparison to the benchmark Sensex, Tega Industries Ltd has underperformed in the short term, with a weekly return of -4.61% against the Sensex's gain of 0.46%. This underperformance may be contributing to the stock's recent decline. However, the company benefits from high management efficiency, a low debt-to-equity ratio, and strong institutional holdings, which suggest a solid foundation for long-term growth. Despite the current price drop, these positive factors indicate that the stock may still hold potential for recovery as market conditions stabilize.