Why is TTI Enterprise falling/rising?

As of 29-Oct, TTI Enterprise Ltd is experiencing a decline in its stock price, currently at Rs. 8.14, which reflects a decrease of Rs. 0.26 or 3.1%. The stock has hit a new 52-week low today and has underperformed its sector by 3.16%. Over the past three days, the stock has consecutively fallen, accumulating a total decline of 3.9%. Additionally, TTI Enterprise's performance over various periods shows significant underperformance, with a year-to-date decline of 32.17% and a one-year drop of 36.36%. There is a slight increase in investor participation, with delivery volume rising by 7.31% against the five-day average, but this has not been enough to counteract the overall downward trend.
In the broader market context, TTI Enterprise's short-term performance contrasts sharply with the benchmark Sensex, which has gained 0.68% over the past week while TTI has lost 2.28%. This trend of underperformance is evident across multiple time frames, as the stock has lagged behind the Sensex significantly over the past month, year, and three years. The stock is also trading below all key moving averages, indicating a bearish sentiment among investors. Overall, the combination of hitting a new low, consistent declines, and poor relative performance against the benchmark contributes to the ongoing downward pressure on TTI Enterprise's stock price.