Why is Thangamayil Jew. falling/rising?

As of 22-Sep, Thangamayil Jewellery Ltd's stock price is currently at Rs 2,129.25, reflecting a decline of Rs 23.1 or 1.07%. The stock has been underperforming, having lost 2.59% over the last three days and showing a day’s low of Rs 2,087.4, which is a drop of 3.02%. Additionally, the stock has underperformed its sector by 0.67% today. In terms of longer-term performance, the stock has seen a slight decrease of 1.08% over the past year, despite a significant year-to-date increase of 11.86%. However, the recent trend indicates a decline in investor participation, with delivery volume dropping by 21.14% against the five-day average, which may contribute to the stock's downward movement.
In the broader market context, the Sensex has gained 0.46% over the past week, contrasting with Thangamayil Jewellery's decline of 1.76% during the same period. While the company has demonstrated strong management efficiency and healthy long-term growth, with net sales increasing at an annual rate of 31.63%, the recent negative price movement suggests that investor sentiment may be cautious. The stock is trading at a discount compared to its peers, but the decline in profits by 11% over the past year, despite positive quarterly results, could be influencing investor decisions and leading to the current price drop.