Why is CHD Chemicals falling/rising?

As of 14-Nov, CHD Chemicals Ltd is experiencing a decline in its stock price, currently at 5.36, which reflects a decrease of 0.29 or 5.13%. The stock has underperformed its sector by 6% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 8.69% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has also seen a significant drop in investor participation, with delivery volume falling by 55.75% compared to the 5-day average. The stock's long-term performance is concerning, with a year-to-date decline of 26.17% and a staggering 88.04% drop over the past five years.
In the broader market context, CHD Chemicals' performance contrasts sharply with the Sensex, which has gained 1.62% over the past week and 8.22% year-to-date. This underperformance is compounded by the company's weak financial fundamentals, including high debt levels and low profitability, as evidenced by a debt to EBITDA ratio of 8.94 times and an average return on equity of only 1.76%. The company's operating losses and negative operating profits further contribute to its risky valuation, making it less attractive to investors. Overall, the combination of poor stock performance, weak financial health, and declining investor interest has led to the stock's current downward trajectory.