Why is Tinna Rubber falling/rising?

As of 20-Aug, Tinna Rubber & Infrastructure Ltd is experiencing a decline in its stock price, currently at Rs 819.00, reflecting a decrease of 6.0 points or 0.73%. The stock has shown a negative performance over the past week, down 2.16%, and has significantly underperformed over the past month and year, with declines of 17.23% and 53.99%, respectively. Today's trading saw the stock open with a gain of 2.28% and reach an intraday high of Rs 843.8, but it has since fallen back, indicating a trend reversal after two consecutive days of gains. The stock is also trading below all key moving averages and has seen a drop in investor participation, with delivery volume decreasing by 16.75% against the five-day average. Additionally, the company has reported negative financial results, with a decrease in profit before tax and a high debt-equity ratio, which may contribute to investor concerns.
In the broader market context, Tinna Rubber's performance has been notably weaker compared to the benchmark Sensex, which has gained 1.64% over the past week. While the stock has faced a significant decline year-to-date at 38.96%, the Sensex has shown a modest increase of 4.76% during the same period. This stark contrast highlights the stock's struggles, particularly as it has underperformed the market over the last year, where it fell by 53.99% against a backdrop of a negative return of only 1.20% for the broader market (BSE500). The combination of poor financial performance, high valuation concerns, and declining investor interest suggests that Tinna Rubber's stock price is likely to continue facing downward pressure.