Why is Tokyo Plast Intl falling/rising?

As of 08-Aug, Tokyo Plast International Ltd is experiencing a decline in its stock price, currently at Rs 119.00, which reflects a decrease of Rs 2.8 or 2.3%. The stock has underperformed its sector by 1.57% today, touching an intraday low of Rs 119. The company is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 2.46%, and it has also seen a significant drop of 9.88% over the past month. Despite a year-on-year increase of 5.26%, the year-to-date performance shows a decline of 8.95%. There is a notable rise in investor participation, with delivery volume increasing by 283.24% against the 5-day average, suggesting some interest despite the overall downward movement.
In the broader market context, the Sensex has also experienced a decline of 0.92% over the past week and 4.60% over the past month, indicating a challenging environment for stocks in general. However, Tokyo Plast's performance has been worse than the benchmark, particularly in the short term. While the stock has outperformed the Sensex over the past year and three years, its recent performance contrasts sharply with the benchmark's positive year-to-date return of 2.20%. The liquidity of the stock remains adequate for trading, but the overall negative sentiment and underperformance against the sector and benchmark suggest that investors may be cautious moving forward.