Why is Thinking Hats falling/rising?

As of 09-Oct, Thinking Hats Entertainment Solutions Ltd is experiencing a decline in its stock price, currently at 39.20, which reflects a decrease of 2.05 or 4.97%. The stock's performance today is in line with its sector, but it is noteworthy that the delivery volume has significantly dropped by 71.83% compared to the 5-day average, indicating falling investor participation. In terms of returns, the stock has shown a 1-week decline of 0.38%, while it has performed positively over the last month with a gain of 16.67%. However, the year-to-date return is down by 8.09%, and the one-year return shows a significant decline of 15.61%, suggesting ongoing challenges for the company.
In the broader market context, the Sensex has increased by 1.39% over the past week, contrasting with the stock's slight decline. While the stock has outperformed the benchmark over the last month, its year-to-date and one-year performances are significantly lagging behind the Sensex, which has gained 6.50% and 0.80%, respectively. This disparity may contribute to investor sentiment, as the stock's recent struggles could be perceived negatively in comparison to the broader market trends. Overall, the combination of declining investor participation and underperformance relative to the benchmark may be influencing the stock's current downward movement.