Why is Trinity League falling/rising?

As of 01-Aug, Trinity League India Ltd's stock price is currently at Rs 9.02, reflecting a decrease of Rs 0.48 or 5.05%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 11.57% during this period. It is also close to its 52-week low, just 0.11% away from Rs 9.01. Over the past week, the stock has decreased by 9.16%, and it has shown a significant decline of 23.04% over the past month. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. While there has been a notable increase in delivery volume, rising by 94.39% against the 5-day average, the overall performance remains weak, particularly as the Pharmaceuticals & Drugs sector has also fallen by 3.27%.
In the broader market context, Trinity League's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.06% over the past week. The stock's year-to-date performance shows a staggering drop of 35.53%, while the Sensex has gained 3.15% during the same period. This significant underperformance relative to the benchmark and the sector suggests a lack of investor confidence in Trinity League, compounded by the stock's erratic trading patterns and its current liquidity status, which is adequate but not robust enough to instill confidence. Overall, the combination of poor stock performance, sector weakness, and negative market sentiment contributes to the ongoing decline in Trinity League's stock price.