Why is Tilaknagar Inds. falling/rising?

As of 06-Nov, Tilaknagar Industries Ltd is experiencing a decline in its stock price, currently at Rs 492.55, which reflects a decrease of Rs 11.65 or 2.31%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.75% during this period. Today's performance indicates that it has underperformed its sector by 1.48%, and the stock touched an intraday low of Rs 485.2. Additionally, the delivery volume has decreased by 21% compared to the five-day average, suggesting a drop in investor participation. While the stock has shown strong long-term performance with a year-to-date increase of 16.61% and a remarkable 412.81% rise over three years, the recent short-term trends indicate a struggle.
Broader market context shows that the Sensex has also faced a decline of 1.30% over the past week, but Tilaknagar's 3.84% drop indicates a more significant weakness relative to the benchmark. Despite the stock's strong performance over the past month and year, the recent downturn highlights a divergence from the overall market trend. The liquidity of the stock remains adequate for trading, but the falling investor participation and consecutive losses may contribute to a bearish sentiment surrounding Tilaknagar Industries Ltd in the short term.