Why is CHL falling/rising?

As of 23-Jun, CHL Ltd's stock price is currently at Rs 30.06, reflecting a decrease of Rs 2.33, or 7.19%. The stock has been on a downward trend, having underperformed its sector by 6.59% today and experiencing a consecutive fall over the last five days, resulting in a total decline of 10.91% during this period. It opened with a loss of 4.11% and reached an intraday low of Rs 30.06. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume falling by 91.83% compared to the 5-day average, suggesting a lack of interest from investors.
In the broader market context, CHL Ltd's performance has been notably weaker compared to the Sensex, which has shown a slight increase of 0.12% over the past week. Year-to-date, CHL has declined by 29.35%, while the Sensex has gained 4.81%. This stark contrast highlights the stock's struggles relative to the overall market. Despite a strong performance over the longer term, with a 72.76% increase over three years and a staggering 472.57% rise over five years, the recent short-term trends indicate significant challenges for CHL Ltd, contributing to its current price decline.