Why is Transcorp Intl. falling/rising?

As of 07-Aug, Transcorp International Ltd is experiencing a decline in its stock price, currently at 23.60, reflecting a decrease of 0.35 or 1.46%. The stock has underperformed its sector by 0.74% today and has been on a downward trend for the last two days, accumulating a total decline of 1.91%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent bearish sentiment. The stock has also seen a significant drop in investor participation, with delivery volume falling by 67.27% compared to the 5-day average. Over the longer term, the stock has underperformed the benchmark, with year-to-date returns down by 25.08% compared to a 3.18% increase in the Sensex.
In the broader market context, Transcorp International Ltd's recent performance contrasts sharply with the benchmark index, as it has declined significantly over various time frames, including a 35.32% drop over the past year, while the Sensex has only increased by 1.45%. This stark difference highlights the stock's struggles relative to the overall market. The negative performance over the short term, combined with the lack of positive factors to counterbalance these trends, suggests that investor sentiment remains weak, contributing to the stock's ongoing decline.