Why is Time Technoplast falling/rising?

As of 17-Sep, Time Technoplast Ltd. is experiencing a decline in its stock price, currently at Rs 478.80, which represents a decrease of 8.05 points or 1.65%. Today's performance indicates that the stock has underperformed its sector by 1.04%, following a trend reversal after three consecutive days of gains. The stock reached an intraday low of Rs 473.05, reflecting a drop of 2.83%. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 19.9% compared to the 5-day average. Over the past year, the stock has generated a return of 7.78%, while profits have increased by 21%, indicating strong fundamentals. However, the recent flat results reported in June may have contributed to the current price movement.
In the broader market context, Time Technoplast's short-term performance over the past week shows a slight increase of 0.15%, while the benchmark Sensex has risen by 1.56%. This underperformance relative to the benchmark may be influencing investor sentiment negatively. Despite the stock's solid long-term growth prospects, characterized by a low Debt to EBITDA ratio and healthy operating profit growth, the recent price decline suggests that market reactions to short-term results and sector performance are currently overshadowing these positive factors. The stock's high institutional holdings at 21.21% indicate confidence from larger investors, but the recent price drop may reflect broader market trends or investor caution.