Why is Trinity League falling/rising?

As of 28-Jul, Trinity League India Ltd is experiencing a decline in its stock price, currently at Rs 9.21, which reflects a decrease of Rs 0.72 or 7.25%. The stock has underperformed significantly, with a 1-week return of -16.27% compared to the Sensex's -1.59%. Additionally, the stock is trading lower than all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. The stock is also close to its 52-week low, just 2.17% away from Rs 9.01. Despite a notable increase in delivery volume by 434.15% on July 24, the overall performance remains weak, and there are no positive factors available to counterbalance the negative sentiment surrounding the stock.
Broader Market Context: In the broader market context, Trinity League's performance has been notably poor, with a year-to-date decline of -34.17%, while the Sensex has gained 3.52% during the same period. This stark contrast highlights the stock's struggles relative to the benchmark index. Over the past month, Trinity League has also underperformed, with a -15.27% return against the Sensex's -3.77%. The erratic trading pattern, where the stock did not trade on one day out of the last 20, further contributes to the uncertainty surrounding its performance, reinforcing the negative outlook for investors.