Why is Time Technoplast falling/rising?

As of 11-Sep, Time Technoplast Ltd. is experiencing a decline in its stock price, currently at 472.10, which reflects a decrease of 6.0 or 1.25%. The stock has underperformed its sector today by 2.09%, although it remains higher than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating some level of stability over the longer term. Despite a recent increase in investor participation, with delivery volume rising by 102.41% against the 5-day average, the stock's year-to-date performance shows a decline of 4.35%, contrasting with a positive return of 16.90% over the past year. The company maintains a low Debt to EBITDA ratio of 1.34 times, a healthy operating profit growth rate of 18.35%, and a fair valuation compared to peers, which suggests potential for recovery.
In the broader market context, the Sensex has gained 1.03% over the past week, while Time Technoplast has seen a slight decline of 0.23%, indicating that the stock is not keeping pace with the overall market. The stock's performance over the last three years has been strong, with a return of 302.47%, but the recent underperformance may be attributed to market conditions and investor sentiment. High institutional holdings at 21.21% reflect confidence from more knowledgeable investors, yet the stock's current decline suggests that short-term market dynamics may be influencing its price negatively despite its solid fundamentals and long-term growth potential.