Why is Contil India falling/rising?

As of 06-Nov, Contil India Ltd's stock price is currently at Rs 36.09, reflecting a decrease of 4.0 points or 9.98%. The stock has underperformed its sector by 9.15% today and has experienced a trend reversal, falling after four consecutive days of gains. The stock reached an intraday high of Rs 42 but also touched a low of Rs 36.09, indicating high volatility with an intraday volatility of 7.55%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of +44.77% and +51.13%, respectively. However, it has a year-to-date decline of 18.94% and a one-year decline of 35.94%. The recent increase in investor participation, with a delivery volume rise of 251.19% against the five-day average, suggests some underlying interest, but the current price movement indicates a negative sentiment.
In the broader market context, while Contil India has outperformed the Sensex over the past week and month, the benchmark index has shown a modest gain of 1.86% over the last month. The stock's significant drop today contrasts sharply with its recent strong performance, highlighting a potential correction after a period of gains. The liquidity of the stock remains adequate for trading, as it is liquid enough for a trade size of Rs 0.01 crore. Overall, the combination of high volatility, recent price corrections, and the stock's performance relative to the benchmark indicates a challenging environment for Contil India at this time.