Why is Thinking falling/rising?

As of 23-Jun, Thinking Hats Entertainment Solutions Ltd is experiencing a decline in its stock price, currently at 30.35, which reflects a decrease of 1.6 or 5.01%. The stock has underperformed significantly, with a 1-week return of -15.46% and a 1-month return of -20.86%, while the benchmark Sensex has shown a slight increase of 0.10% over the same 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. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 62.12% against the 5-day average, suggesting reduced interest in the stock.
In the broader market context, the stock's performance has been considerably weaker compared to the Sensex, which has gained 5.61% year-to-date while Thinking has declined by 28.84%. This stark contrast highlights the challenges the company is facing in attracting investor confidence. The lack of available positive or negative factors further complicates the situation, as there is no additional context to explain the stock's recent movements. Overall, the combination of poor performance metrics and declining investor participation contributes to the downward pressure on Thinking Hats Entertainment Solutions Ltd's stock price.