Why is Acutaas Chemical falling/rising?

As of 07-Aug, Acutaas Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 1,299.00, which reflects a decrease of Rs 16.3 or 1.24%. The stock has been losing ground for the last two days, with a total drop of 3.17% during this period. Despite its strong performance over the longer term, including a 100.08% increase over the past year, the stock's recent movement is characterized by a significant drop in investor participation, as evidenced by a 48.93% decrease in delivery volume compared to the 5-day average. Additionally, while the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day moving average, indicating a potential short-term weakness.
In the broader market context, Acutaas Chemicals' short-term performance has been notably worse than the benchmark Sensex, which has only declined by 0.69% over the past week, while Acutaas has fallen by 2.26%. This underperformance in the short term, combined with the recent drop in trading volume and consecutive days of price decline, suggests a lack of confidence among investors. The stock's liquidity remains adequate for trading, but the falling investor participation could be a concern for future price stability.