Why is Choksi Laborator falling/rising?

As of 15-Oct, Choksi Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 166.40, which reflects a decrease of Rs 13.3 or 7.4%. The stock has underperformed its sector by 7.65% today, opening with a loss of 2.59% and reaching an intraday low of Rs 166, down 7.62%. Over the past week, the stock has decreased by 9.00%, and in the last month, it has fallen by 14.54%. Despite a strong year-to-date return of 121.66% and a one-year return of 137.71%, the recent performance indicates a significant downturn, with trading volumes showing increased investor participation, as evidenced by a 62.08% rise in delivery volume against the five-day average.
In the broader market context, the Sensex has shown resilience, gaining 1.02% over the past week and 1.00% over the last month, contrasting sharply with Choksi Laboratories' negative returns. This divergence suggests that while the overall market is performing well, Choksi Laboratories is facing specific challenges that are impacting its stock price negatively. The stock's moving averages indicate that it is currently lower than the 5-day, 20-day, 50-day, and 100-day moving averages, which may further contribute to investor sentiment and the stock's declining trajectory.