Why is Choksi Laborator falling/rising?

As of 28-Oct, Choksi Laboratories Ltd is experiencing a decline in its stock price, currently at 145.55, which reflects a decrease of 11.65 points or 7.41%. The stock has underperformed its sector by 7.77% today and has seen a trend reversal after three consecutive days of gains. It opened with a loss of 3.31% and reached an intraday low of Rs 141.5, marking a significant drop of 9.99%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also fallen sharply, down 80.35% compared to the 5-day average, suggesting reduced investor participation. There are no positive or negative factors available to provide further context on the stock's recent movement.
Broader market context shows that Choksi Laboratories Ltd has underperformed compared to the Sensex, which has gained 0.24% over the past week while the stock has declined by 5.36%. Over the last month, the stock has decreased by 23.35%, contrasting sharply with the Sensex's increase of 5.22%. Despite a strong year-to-date performance of 93.89% and a remarkable 146.69% increase over the past year, the recent short-term trends indicate a significant downturn, highlighting a divergence from broader market trends.