Why is Tokyo Plast Intl falling/rising?

As of 24-Jul, Tokyo Plast International Ltd is experiencing a decline in its stock price, currently at Rs 120.90, which represents a decrease of Rs 6.0 or 4.73%. The stock has underperformed its sector by 5.72% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 7.5% over this period. The stock reached an intraday high of Rs 133.95 but also touched a low of Rs 118.8, indicating high volatility with a wide trading range of Rs 15.15. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 166.62% against the 5-day average, the overall sentiment remains negative.
In the broader market context, Tokyo Plast's performance over the past week shows a decline of 8.41%, while the Sensex has remained relatively stable with a minor decrease of 0.09%. Over the past month, the stock has also underperformed the benchmark, which has gained 0.16%, while Tokyo Plast has seen a similar decline of 8.41%. Year-to-date, the stock is down 7.50%, contrasting with the Sensex's increase of 5.18%. This underperformance relative to the benchmark indicates a challenging environment for Tokyo Plast International Ltd, contributing to the downward pressure on its stock price.