Why is Thacker & Co. falling/rising?

As of 18-Nov, Thacker & Company Ltd's stock price is currently at 1,562.00, reflecting a decrease of 35.45 points or 2.22%. The stock has been on a downward trend, having underperformed its sector by 1.66% today and experiencing a consecutive fall over the last four days, resulting in a total decline of 5.33%. Despite opening with a gain of 9.55% and reaching an intraday high of Rs 1,750, it ultimately fell to a low of Rs 1,560. The stock has shown high volatility today, with a wide trading range of Rs 190. Additionally, the stock's performance over the past year has been poor, with a return of -4.87%, while net sales have declined at an annual rate of -2.34% over the last five years, contributing to its negative momentum.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.96% over the past week and 8.36% year-to-date. This underperformance is indicative of the stock's struggles, particularly as it has not only lagged behind the market but also shown a significant decline in profitability, with profits falling by 8.8% over the past year. The company's low debt-to-equity ratio and rising investor participation, as evidenced by a substantial increase in delivery volume, suggest some underlying strength; however, the overall sentiment remains negative due to its expensive valuation and poor long-term growth prospects.