Why is Balaji Phos. falling/rising?

As of 28-Oct, Balaji Phosphates Ltd is experiencing a decline in its stock price, currently at 125.15, which reflects a decrease of 4.85 or 3.73%. The stock has underperformed its sector by 4.68% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 42.31% compared to the 5-day average. Over the past week, the stock has decreased by 14.13%, and over the past month, it has fallen by 23.64%, indicating a consistent downward trend without any available positive factors to counteract this movement.
In the broader market context, the Sensex has shown a slight increase of 0.26% over the past week and a more substantial gain of 5.20% over the past month. This contrast highlights Balaji Phosphates Ltd's significant underperformance relative to the benchmark index, suggesting that the stock's decline is not in line with the overall market trend. The lack of positive factors and the substantial drop in trading volume further contribute to the stock's downward trajectory, indicating a challenging environment for the company amidst a generally stable market.