Why is Contil India falling/rising?

As of 07-Nov, Contil India Ltd's stock price is currently at Rs 32.49, reflecting a decline of Rs 3.6 or 9.98%. The stock has been underperforming, having lost 18.96% over the last two days and opened with a significant loss of 8.92% today. Despite this recent downturn, the stock has shown strong performance over the past month with a 39.02% increase, although it remains down 27.02% year-to-date and 41.16% over the past year. Additionally, the stock is trading above its moving averages for various periods, indicating some underlying strength, but there has been a decrease in investor participation, with delivery volume falling by 1.93% against the five-day average.
In the broader market context, while Contil India has shown a positive return of 8.63% over the past week, the benchmark Sensex has declined by 0.86% during the same period. This suggests that the stock has been performing relatively well in the short term compared to the overall market. However, the recent consecutive falls and the significant drop today indicate that investor sentiment may be shifting negatively, despite the stock's historical performance over three and five years, where it has seen substantial gains. The lack of available positive or negative dashboard factors limits further insights into the specific reasons behind the stock's recent movement.