Why is CHD Chemicals falling/rising?

As of 15-Sep, CHD Chemicals Ltd is experiencing a decline in its stock price, currently at 5.49, reflecting a decrease of 0.39 or 6.63%. The stock has underperformed significantly today, lagging behind its sector by 6.78%. Additionally, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has seen a slight decline of 0.18%, and its performance over the last month shows a more substantial drop of 7.42%. The company's financial health is concerning, with operating losses and a high Debt to EBITDA ratio of 7.93 times, which suggests a low ability to service debt. Furthermore, the stock has consistently underperformed against the benchmark, with a one-year return of -11.88% compared to the BSE500.
In the broader market context, the Sensex has shown positive movement, gaining 1.24% over the past week and 1.47% over the past month, contrasting sharply with CHD Chemicals' performance. This discrepancy highlights the company's struggles relative to the market, as it has underperformed the benchmark in each of the last three annual periods. The liquidity of the stock is also a concern, with a notable decrease in delivery volume, indicating falling investor participation. Overall, the combination of weak fundamentals, negative operating profits, and consistent underperformance against the market contributes to the stock's downward trajectory.