Why is Chemfab Alka. falling/rising?

As of 18-Sep, Chemfab Alkalis Ltd is experiencing a decline in its stock price, currently at Rs 652.40, which represents a decrease of Rs 4.65 or 0.71%. The stock has been underperforming recently, having fallen for the last two days with a total return of -3.28% during this period. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, the stock is close to its 52-week low, just 3.13% away from Rs 631.95. The delivery volume has significantly decreased, with a drop of 51.5% compared to the 5-day average, suggesting a decline in investor participation.
In the broader market context, Chemfab Alkalis Ltd's short-term performance has been lackluster compared to the benchmark Sensex, which has gained 1.80% over the past week while Chemfab's return is only +0.06%. Over the last month, the stock has decreased by 3.35%, contrasting with the Sensex's increase of 2.14%. Year-to-date, Chemfab's performance is notably poor, down 36.75%, while the Sensex has risen by 6.24%. This stark contrast highlights the stock's struggles in a generally positive market environment, further contributing to its recent price decline.