Why is Thinking Hats falling/rising?

As of 13-Oct, Thinking Hats Entertainment Solutions Ltd is experiencing a decline in its stock price, currently at 37.85, reflecting a decrease of 2.0 or 5.02%. The stock has underperformed its sector today by 5.28%, and there has been a significant drop in investor participation, with delivery volume falling by 72.22% compared to the 5-day average. Over the past week, the stock has seen a substantial decline of 11.25%, while its year-to-date performance shows a similar downturn of 11.25%. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, but it is below its 5-day moving average, indicating mixed signals in its recent performance. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the Sensex has shown a slight increase of 0.60% over the past week, contrasting with the significant decline of Thinking Hats. While the benchmark has gained 6.69% year-to-date, Thinking Hats has struggled to keep pace, reflecting a broader trend of underperformance. The stock's recent struggles, coupled with a lack of positive sentiment or news, suggest that investor confidence may be waning, contributing to its downward trajectory in comparison to the overall market.