Why is TRF falling/rising?

As of 06-Nov, TRF Ltd's stock price is currently at Rs 313.50, reflecting a decline of Rs 16.55 or 5.01%. The stock has underperformed its sector by 3.93% today and has experienced a trend reversal, falling after three consecutive days of gains. It reached an intraday low of Rs 310, marking a decrease of 6.07%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased by 60.88% compared to the 5-day average, suggesting a drop in investor participation. Over the past month, the stock has declined by 14.47%, while it has seen a substantial year-to-date drop of 28.30%.
In the broader market context, the Sensex has shown a positive return of 1.86% over the past month, contrasting sharply with TRF's performance. This indicates that while the overall market is experiencing gains, TRF is struggling significantly. The stock's year-to-date performance is also concerning, with a decline of 28.30% compared to the Sensex's increase of 6.62%. This underperformance relative to the benchmark highlights the challenges TRF is facing in attracting investor confidence, further exacerbated by the recent drop in trading volume and price.