Why is Colorchips New falling/rising?

As of 17-Sep, Colorchips New Media Ltd's stock price is currently at 16.11, reflecting a decrease of 0.38, or 2.3%. The stock has recently underperformed its sector by 3.12% and has experienced a trend reversal, falling after three consecutive days of gains. Additionally, the stock's delivery volume has decreased by 19.61% compared to the five-day average, indicating a drop in investor participation. Over the past year, the stock has seen a significant decline of 14.40%, while its year-to-date performance shows a drastic drop of 39.05%. However, it has shown a positive return of 168.50% over the last five years, which contrasts sharply with its recent performance.
In the broader market context, the stock's short-term return over the past week is +4.34%, which is notably higher than the Sensex's return of +1.56% for the same period. Despite this short-term outperformance, the stock's year-to-date performance is significantly lagging behind the Sensex, which has gained 5.83% this year. The stock's moving averages indicate that while it is currently above the 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages, suggesting a bearish trend in the longer term. Overall, the combination of declining investor interest and underperformance relative to the benchmark contributes to the stock's recent price decline.