Why is Thinking Hats falling/rising?

As of 17-Oct, Thinking Hats Entertainment Solutions Ltd is experiencing a decline in its stock price, currently at 32.25, which reflects a decrease of 1.7 or 5.01%. The stock has underperformed its sector by 4.36% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant drop of 19.07%, while its year-to-date performance shows a decline of 24.38%. Despite a notable increase in delivery volume by 127.27% against the 5-day average, the overall sentiment appears negative, contributing to the stock's downward movement. There are no positive or negative factors available to further clarify the reasons behind this decline.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 1.68% over the past week, contrasting sharply with Thinking Hats' significant decline. This underperformance highlights a broader trend where the stock has lagged behind the market, evidenced by its year-to-date return of -24.38% compared to the Sensex's gain of 8.73%. The disparity in performance suggests that investor sentiment towards Thinking Hats is weak relative to the overall market conditions, contributing to the stock's current downward trajectory.