Why is CHD Chemicals falling/rising?

As of 19-Nov, CHD Chemicals Ltd is experiencing a price increase, with the current price at 5.71, reflecting a change of 0.3 or 5.55% upward. Despite this positive movement today, the stock has shown a decline of 2.73% over the past week, while it has gained 5.55% over the past month. However, it has underperformed significantly year-to-date and over the past year, with declines of 21.35% and 20.69%, respectively. The stock's performance today has outperformed its sector by 5.81%. It is noteworthy that the stock is trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 88.07% compared to the 5-day average, indicating a potential concern regarding investor interest. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 0.85% over the past week and 1.47% over the past month. This suggests that while CHD Chemicals has seen a short-term rise, it is still lagging behind the overall market trends in the longer term, particularly when considering its year-to-date and yearly performance compared to the Sensex's positive returns of 9.02% and 9.81%, respectively. The significant underperformance over the longer periods indicates that while there may be short-term gains, the stock is still facing challenges in regaining investor confidence and aligning with broader market movements.