Why is Thacker & Co. falling/rising?

As of 11-Jul, Thacker & Company Ltd's stock price is currently at 1,640.00, reflecting a decline of 41.35 points or 2.46%. The stock has underperformed its sector today by 1.41%, having touched an intraday low of Rs 1625, which represents a decrease of 3.35%. Over the past week, the stock has experienced a decline of 1.80%, and over the past month, it has fallen by 11.26%. Despite this recent downturn, the company has shown strong performance over the longer term, with a remarkable increase of 62.38% over the past year and an impressive 496.04% over the last three years. The company maintains a low debt-to-equity ratio and has consistently generated returns, which could suggest underlying strength despite the current price drop.
In the broader market context, the Sensex has decreased by only 1.12% over the past week and has remained relatively stable with a minimal change of 0.02% over the past month. This indicates that Thacker & Company Ltd's recent decline is more pronounced compared to the benchmark index. The stock's performance year-to-date shows a significant drop of 16.96%, contrasting sharply with the Sensex's gain of 5.58% in the same period. This disparity highlights the stock's struggles in the short term, despite its strong historical performance and rising investor participation, as evidenced by an increase in delivery volume.