Why is Atul falling/rising?

As of 18-Jul, Atul Ltd. is experiencing a decline in its stock price, currently at 6,923.30, which represents a decrease of 345.2 points or 4.75%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in an overall drop of 8.32% during this period. Today's trading saw the stock reach a high of Rs 7458.4 but also dip to a low of Rs 6915. The stock's performance over the past week shows a decline of 5.78%, and it has underperformed the sector by 3.72%. Additionally, the stock has shown a negative trend over the last year, with a return of -2.78%, while the broader market benchmark, Sensex, has gained 0.51%. The company's low debt-to-equity ratio and high institutional holdings at 33.76% suggest some stability; however, falling investor participation, as evidenced by a 38.11% drop in delivery volume, may be contributing to the stock's recent struggles.
In the broader market context, Atul Ltd.'s short-term performance has significantly lagged behind the Sensex, which has only declined by 0.90% over the same one-week period. This stark contrast highlights the stock's underperformance relative to the market, indicating that investor sentiment may be more favorable towards other stocks within the benchmark. The overall market has shown resilience with a year-to-date gain of 4.63%, while Atul's performance remains flat at -0.53%. This divergence suggests that while the market is experiencing growth, Atul Ltd. is facing challenges that are impacting its stock price negatively.