Why is Archidply Inds. falling/rising?

As of 19-Nov, Archidply Industries Ltd is experiencing a decline in its stock price, currently at Rs 90.02, reflecting a decrease of Rs 4.62 or 4.88%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 7.64%. Although it opened the day with a gain of 8.31% and reached an intraday high of Rs 102.5, it ultimately closed at its day's low. The stock has shown significant volatility, trading within a wide range of Rs 12.48, and is currently below all key moving averages. Additionally, while there has been a rise in investor participation with a 38.3% increase in delivery volume, the overall performance remains negative, as indicated by the stock's returns over various periods, including a year-to-date decline of 20.37%.
In the broader market context, Archidply Industries Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 9.02% year-to-date. Over the past week and month, the stock has underperformed significantly, with declines of 9.40% and 10.87%, respectively, while the Sensex has shown positive returns. This stark difference highlights the challenges faced by Archidply Industries Ltd in the current market environment, contributing to its recent price decline.