Why is Chemcrux Enterp. falling/rising?

As of 06-Aug, Chemcrux Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 120.05, which reflects a decrease of Rs 5.8 or 4.61%. The stock has underperformed its sector by 4.7% today, touching an intraday low of Rs 119.6, which is a drop of 4.97%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 5.14%, and its year-to-date performance shows a significant decline of 29.01%. The recent increase in delivery volume by 9.94% suggests some rising investor participation, but overall, the stock's performance remains negative.
In the broader market context, Chemcrux's short-term return has been notably worse than the benchmark, with the Sensex only declining by 1.15% over the same week. This stark contrast highlights the stock's underperformance relative to the market. Over the past year, Chemcrux has seen a substantial decline of 41.44%, while the Sensex has gained 2.48%. The liquidity of the stock appears adequate for trading, as it is liquid enough for a trade size of Rs 0 crore based on 2% of the 5-day average traded value. Overall, the combination of poor performance metrics and the stock's inability to keep pace with the benchmark contributes to its current downward trajectory.