Why is Choksi Laborator falling/rising?

As of 11-Nov, Choksi Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 123.80, reflecting a decrease of Rs 12.4 or 9.1%. The stock has been underperforming, having lost 17.41% over the last five days and is trading below all its moving averages. Today's trading saw the stock reach an intraday high of Rs 139.5 but also dip to a low of Rs 122.6, indicating high volatility with a wide trading range of Rs 16.9. Additionally, while there has been a rise in investor participation with an increase in delivery volume, the overall performance today has underperformed the sector by 8.27%. Unfortunately, the positive and negative factors dashboard is unavailable for further insights.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a modest gain of 0.49% over the past week, while Choksi Laboratories Ltd has seen a significant decline of 16.18% in the same period. This stark contrast highlights the stock's recent struggles relative to the broader market, despite a strong year-to-date performance of 64.91%. The ongoing downward trend in the stock price, coupled with its recent volatility and underperformance against the sector, suggests that investor sentiment may be negatively impacted, contributing to the stock's current decline.