Why is Chowgule Steam falling/rising?

As of 15-Sep, Chowgule Steamships Ltd is experiencing a decline in its stock price, currently at Rs 22.45, which reflects a decrease of Rs 0.35 or 1.54%. The stock has been underperforming, having fallen for the last two days with a total return of -2.98% during this period. It is also trading below 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 3.79% away from Rs 21.6. Notably, investor participation has decreased significantly, with delivery volume dropping by 46.92% compared to the 5-day average, suggesting a lack of interest among investors.
In the broader market context, Chowgule Steamships Ltd's short-term performance has been notably weaker than the benchmark Sensex, which has gained 1.24% over the past week while the stock has declined by 2.18%. Over the past month, the stock has also underperformed, with a return of -6.07% compared to the Sensex's increase of 1.47%. Year-to-date, the stock has seen a significant decline of 22.59%, contrasting sharply with the Sensex's positive return of 4.67%. This underperformance relative to the benchmark indicates a challenging environment for Chowgule Steamships Ltd, contributing to the downward pressure on its stock price.