Why is Alufluoride falling/rising?

As of 07-Nov, Alufluoride Ltd's stock price is currently at 449.65, reflecting a decline of 16.85 points or 3.61%. The stock has underperformed its sector by 3.65% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 6.04% during this period. The stock reached an intraday low of Rs 440, indicating a significant drop of 5.68%. Additionally, the delivery volume has decreased by 24.48% compared to the 5-day average, suggesting falling investor participation. While the stock has shown positive returns over longer periods, such as a 9.58% increase over the past month and a 41.51% increase over three years, its year-to-date performance remains negative at -6.32%.
In the broader market context, Alufluoride's short-term performance has been weaker than the benchmark, with a 1-week decline of 1.22% compared to the Sensex's 0.86% decline. This underperformance highlights a challenging environment for the stock, particularly as it has not kept pace with the benchmark's positive returns over the past month and year. The liquidity of the stock remains adequate for trading, but the recent drop in delivery volume and consecutive price falls indicate a lack of confidence among investors, which may be contributing to the stock's current downward trajectory.