Why is Time Technoplast falling/rising?

As of 18-Sep, Time Technoplast Ltd. is experiencing a decline in its stock price, currently at 476.80, which reflects a decrease of 2.0 points or 0.42%. The stock has been losing value for the last two days, resulting in a total drop of 2.06% during this period. Despite this recent downturn, the stock has shown positive performance over the past month with a return of 5.09%, and it has generated a notable return of 12.15% over the last year. The company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.34 times, and it has demonstrated healthy long-term growth with an annual operating profit increase of 18.35%. Additionally, the stock is trading at a discount compared to its peers, which may attract investor interest despite the current price decline.
In the broader market context, the stock's recent performance is somewhat aligned with the benchmark, as the Sensex has increased by 1.80% over the past week, while Time Technoplast's return for the same period is +1.00%. However, the stock's year-to-date performance shows a decline of 3.39%, contrasting with the Sensex's gain of 6.24%. The rising investor participation, indicated by a 48.31% increase in delivery volume, suggests that there is still interest in the stock, potentially mitigating some of the negative sentiment from the recent price drop. Overall, while the stock is currently facing downward pressure, its strong fundamentals and consistent returns over the last three years may provide a foundation for recovery.