Why is Balaji Amines falling/rising?

As of 07-Aug, Balaji Amines Ltd is experiencing a decline in its stock price, currently at Rs 1,530.45, which reflects a decrease of Rs 21.0 or 1.35%. The stock has shown a significant downturn over various periods, with a 1-week return of -13.52% and a 1-month return of -20.29%. Today's trading saw the stock touch an intraday low of Rs 1,514, indicating a drop of 2.41%. Although the stock is trading above its 100-day moving average, it remains below the 5-day, 20-day, 50-day, and 200-day moving averages. There has been a slight increase in investor participation, with a 1.66% rise in delivery volume compared to the 5-day average, suggesting some interest despite the overall negative trend. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Balaji Amines' performance has been notably weaker compared to the benchmark Sensex, which has only declined by 0.69% over the past week. The stark contrast is evident as Balaji Amines has underperformed significantly, with a year-to-date decline of 14.07% compared to the Sensex's gain of 3.18%. This disparity highlights the challenges faced by Balaji Amines in the current market environment, contributing to its falling stock price amidst a generally more stable benchmark performance.