Why is Archean Chemical falling/rising?

As of 17-Jul, Archean Chemical Industries Ltd is currently priced at 685.50, reflecting a decrease of 1.5, or 0.22%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 1.84% during this period. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer timeframe. Additionally, the stock has shown a 2.60% increase over the past week and a 9.79% increase over the past month, although it has underperformed the sector by 0.47% today. The recent drop in delivery volume by 9.55% against the 5-day average suggests a decrease in investor participation, which could be contributing to the stock's current decline. However, the company benefits from high management efficiency, a low debt-to-equity ratio, and a significant institutional holding of 34.12%, which has increased by 0.62% over the previous quarter, indicating strong confidence from institutional investors.
In the broader market context, Archean Chemical's recent performance contrasts with the benchmark Sensex, which has declined by 1.12% over the past week while the stock itself has gained 2.60%. This suggests that while the stock is facing short-term challenges, it has managed to outperform the broader market in the short term. However, the year-to-date performance shows that Archean Chemical has only increased by 2.33%, compared to the Sensex's 5.27% gain, indicating that while the stock has potential, it is not keeping pace with the overall market growth.