Why is Chatha Foods falling/rising?

As of 11-Sep, Chatha Foods Ltd is currently priced at Rs 98.10, reflecting a decrease of Rs 0.2 or 0.2%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is 3.16% away from its 52-week low of Rs 95. Despite this decline, there has been a notable increase in investor participation, with delivery volume rising by 386.84% against the 5-day average. Over the past week, the stock has shown a slight gain of 0.41%, but it has underperformed significantly over the longer term, with a year-to-date decline of 25.68% compared to a 4.36% increase in the Sensex.
In the broader market context, the Sensex has outperformed Chatha Foods Ltd, gaining 1.03% over the past week and 1.17% over the past month, while Chatha Foods has seen a decline of 4.76% in the same timeframe. This underperformance relative to the benchmark suggests that market sentiment may be favoring other stocks over Chatha Foods. The lack of available positive or negative factors further complicates the understanding of the stock's recent movement, as there are no specific catalysts identified that could explain the current price action. Overall, the combination of lower trading averages and significant underperformance compared to the benchmark indicates a challenging environment for Chatha Foods Ltd.