Why is Bal Pharma falling/rising?

As of 07-Aug, Bal Pharma Ltd's stock price is currently at Rs 90.00, reflecting a decline of Rs 4.13 or 4.39%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 7.16% during this period. Today, the stock reached an intraday high of Rs 97 but also touched a low of Rs 87.86, indicating high volatility with a wide trading range of Rs 9.14. Additionally, Bal Pharma is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. The delivery volume has significantly decreased by 58.63% compared to the 5-day average, indicating falling investor participation, which may further contribute to the stock's downward movement. There are no positive or negative dashboard factors available to provide additional context.
In the broader market context, Bal Pharma's performance over the past week shows a decline of 9.82%, while the benchmark Sensex has only decreased by 0.69%. This stark contrast highlights the stock's significant underperformance relative to the market. Over the past month, Bal Pharma's decline of 11.76% also outpaces the Sensex's drop of 3.38%. Year-to-date, the stock has fallen by 26.38%, while the Sensex has gained 3.18%, further emphasizing the stock's struggles in comparison to the overall market trend.