Why is Titan Biotech falling/rising?

As of 07-Aug, Titan Biotech Ltd is experiencing a decline in its stock price, currently at Rs 464.00, which reflects a decrease of Rs 8.3 or 1.76%. The stock has underperformed its sector by 0.65% today and has been on a downward trend for the last two days, accumulating a total loss of 5.47%. Additionally, the stock touched an intraday low of Rs 453, indicating a significant drop of 4.09%. The recent trading activity shows a marked decrease in investor participation, with delivery volume falling by 68.32% compared to the 5-day average. Over the longer term, the stock has seen mixed performance, with a year-to-date decline of 36.68% despite a strong 3-year return of 93.33%.
In the broader market context, the Sensex has shown a slight decline of 0.69% over the past week, while Titan Biotech has managed to gain 8.65% in the same period, indicating that the stock's recent performance is somewhat isolated from the overall market trend. However, the stock's year-to-date performance starkly contrasts with the Sensex's gain of 3.18%, highlighting a significant underperformance over the longer term. This divergence suggests that while the stock may have had short-term gains, its overall trajectory remains negative, contributing to the current price decline.