Why is Chembond Materi. falling/rising?

As of 18-Sep, Chembond Material Technologies Ltd's stock price is currently at Rs 184.60, reflecting a decrease of Rs 1.3, or 0.7%. The stock has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 181.2, which represents a decline of 2.53%. Despite being higher than the 5-day and 20-day moving averages, the stock remains below the 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 55.66% compared to the 5-day average. Year-to-date, the stock has seen a substantial decline of 68.99%, while its performance over the past year shows a decrease of 69.59%.
In the broader market context, the stock's short-term return over the past week is +1.18%, which is lower than the benchmark Sensex's return of +1.80%. Over the past month, Chembond's return of +5.37% also trails behind the Sensex's +2.14%. This underperformance is indicative of the stock's struggles relative to the market, particularly given its significant year-to-date and one-year declines compared to the Sensex's positive performance. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts mentioned that could influence the stock's recent movement.