Why is Trio Merc. Trad. falling/rising?

As of 05-Aug, Trio Mercantile & Trading Ltd is experiencing a decline in its stock price, currently at Rs. 0.57, which represents a decrease of 0.06 or 9.52%. The stock has hit a new 52-week low today and has underperformed its sector by 9.43%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 14.28% compared to the 5-day average. Over the past year, the stock has decreased by 45.19%, and year-to-date, it has fallen by 52.10%, which reflects a troubling performance compared to the benchmark Sensex, which has gained 3.29% in the same period.
In the broader market context, the stock's short-term performance has been significantly worse than the benchmark, with a 1-week decline of 17.39% compared to the Sensex's minor drop of 0.77%. This stark contrast highlights the stock's struggles relative to the overall market. The long-term returns also paint a concerning picture, with the stock down 90.21% over the past five years, while the Sensex has risen by 114.29%. This underperformance suggests that investor sentiment towards Trio Mercantile & Trading Ltd is weak, compounded by the lack of positive factors to counterbalance the negative trends observed in both stock-specific metrics and broader market comparisons.