Why is Bhatia Colour falling/rising?

As of 15-Jul, Bhatia Colour Chem Ltd's stock price is currently at Rs 311.00, reflecting a decrease of Rs 6.95, or 2.19%. The stock has underperformed its sector by 3.28% today and has experienced a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 307.15, which is a decline of 3.4%. Despite the recent drop, the stock has shown impressive long-term performance, with a year-to-date increase of 28.62% and a staggering 509.80% rise over the past year. However, the stock's performance over the past week and month has been negative, with declines of 3.42% and 5.02%, respectively. Notably, there is a rising investor participation, as evidenced by a 15.61% increase in delivery volume compared to the five-day average.
In the broader market context, the Sensex has seen a decline of 1.36% over the past week, while Bhatia Colour Chem Ltd has dropped by a larger margin, indicating a more pronounced weakness relative to the benchmark. Over the past month, the Sensex has gained 1.79%, contrasting with the stock's decline of 5.02%, further highlighting its underperformance. The liquidity of the stock appears adequate for trading, as it represents 2% of the five-day average traded value, which may provide some support in the market. Overall, while the stock has shown strong long-term growth, recent short-term pressures and underperformance against both the sector and the benchmark have contributed to its current decline.