Why is Axel Polymers falling/rising?

As of 19-Nov, Axel Polymers Ltd is experiencing a decline in its stock price, currently at Rs 41.60, which reflects a decrease of Rs 4.43 or 9.62%. The stock has underperformed its sector by 8.92% today and opened with a significant loss of 6.37%. It has touched an intraday low of Rs 40.6, marking an 11.8% drop. The stock has been highly volatile, with an intraday volatility of 5.54%, and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.72%, and it has shown a substantial decline of 20.46% over the past month, indicating a troubling trend for investors.
In the broader market context, the Sensex has gained 0.85% over the past week and 1.47% over the past month, contrasting sharply with Axel Polymers' performance. Year-to-date, the stock has fallen by 23.32%, while the Sensex has risen by 9.02%, highlighting a significant underperformance relative to the market. Despite a rise in investor participation, with delivery volume increasing by 18.97% against the 5-day average, the overall sentiment remains negative, as indicated by the stock's recent trend reversal after two days of gains and its current position below key moving averages.