Why is Ceeta Industries falling/rising?

As of 04-Nov, Ceeta Industries Ltd is experiencing a decline in its stock price, currently at Rs 41.00, which reflects a decrease of Rs 1.82 or 4.25%. Today's price summary indicates that the stock has underperformed its sector by 3.29% and has fallen after four consecutive days of gains. It reached an intraday low of Rs 39.14, marking a significant drop of 8.59%. The stock has shown high volatility today, with an intraday volatility of 5.16%, and has traded in a wide range of Rs 4.26. Despite this decline, there has been a notable increase in investor participation, with delivery volume rising by 265.05% against the 5-day average. The stock's performance over the past week shows a gain of 7.87%, but it has underperformed year-to-date with a decline of 16.75%.
In the broader market context, while Ceeta Industries has shown positive returns over the past week and month, it has significantly lagged behind the benchmark Sensex in the year-to-date and one-year periods, with the Sensex gaining 6.81% and 5.94%, respectively. This underperformance may contribute to the stock's current downward trend, as investors may be reacting to the broader market conditions. The stock's recent volatility and the trend reversal after consecutive gains suggest a cautious sentiment among investors, potentially influenced by the overall market dynamics.