Why is TIL falling/rising?

As of 18-Jul, TIL Ltd's stock price is currently at Rs 387.50, reflecting a decrease of Rs 8.7 or 2.2%. Today's price summary indicates that the stock has underperformed its sector by 1.71% and has experienced a trend reversal after three consecutive days of gains. It opened with a loss of 2.06% and reached an intraday low of Rs 387, which is a decline of 2.32%. Despite this drop, TIL has shown strong performance over the past year, generating a return of 34.43%, and has consistently outperformed the BSE500 in recent years. The company has also reported positive results for the last five consecutive quarters, with significant growth in net sales and strong operating profit metrics, which may provide some support for the stock despite the current decline.
In the broader market context, TIL's short-term performance over the past week shows a gain of 0.96%, contrasting with a decline of 0.90% in the Sensex, indicating that TIL has been relatively resilient compared to the benchmark. However, the recent drop in investor participation, with delivery volume falling by 76.43% against the five-day average, suggests a decrease in market interest, which could be contributing to the current price decline. Overall, while TIL has demonstrated strong long-term returns and positive financial results, the recent price movement reflects a combination of short-term volatility and reduced investor engagement.