Why is Thakkers Develp. falling/rising?

As of 31-Oct, Thakkers Developers Ltd is experiencing a decline in its stock price, currently at Rs 149.00, which reflects a decrease of Rs 3.0 or 1.97%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.45% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a brief intraday high of Rs 158, the overall performance today has underperformed the sector by 1.2%. The stock's year-to-date return is notably poor at -24.73%, contrasting sharply with the Sensex's gain of 7.42% over the same period.
In the broader market context, Thakkers Developers Ltd's short-term performance has been significantly worse than the benchmark, as it has declined by 5.61% over the past week compared to a mere 0.32% drop in the Sensex. This stark contrast highlights the stock's struggles relative to the overall market. While there has been a notable increase in investor participation, with delivery volume rising by 555.26% against the 5-day average, the overall sentiment remains negative due to the stock's consistent underperformance and lack of available positive factors to counterbalance the negative trends.