Why is Axel Polymers falling/rising?

As of 06-Nov, Axel Polymers Ltd is experiencing a decline in its stock price, currently at Rs 41.40, which reflects a decrease of Rs 5.6 or 11.91%. The stock has been underperforming significantly, having fallen consecutively for the last three days, resulting in a total decline of 19.58% during this period. Additionally, the stock has underperformed its sector by 12.57% today. It has also traded at a wide range of Rs 6.25, with a day's low of Rs 41.25. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, investor participation has decreased, with delivery volume dropping by 66.62% compared to the 5-day average, suggesting a lack of confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 1.30% over the past week, Axel Polymers' stock has dropped by 15.04% in the same timeframe, highlighting its significant underperformance. Over the past month, while the Sensex has gained 1.86%, Axel Polymers has seen a more substantial decline of 22.62%. This stark contrast in performance indicates that the stock is not only struggling in the short term but also lagging behind the broader market trends, contributing to the overall negative sentiment surrounding the company.