Why is Crestchem falling/rising?

As of 07-Aug, Crestchem Ltd is experiencing a decline in its stock price, currently at 155.05, which reflects a decrease of 2.05 or 1.3%. The stock has been on a downward trend, losing value for the last three days and showing a total decline of 6.03% during this period. Today's trading saw the stock reach an intraday high of Rs 163.75 but also dip to a low of Rs 152. Additionally, Crestchem is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 38.37% against the 5-day average, suggesting reduced investor participation, which may further contribute to the stock's downward movement. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Crestchem's performance over the past week shows a decline of 8.79%, while the benchmark Sensex has only decreased by 0.69%. This indicates that Crestchem is underperforming relative to the market. Over the past month, the stock has also fallen by 7.93%, compared to a 3.38% decline in the Sensex, highlighting its weakness in the current market environment. Year-to-date, Crestchem has seen a significant drop of 44.63%, contrasting sharply with the Sensex's gain of 3.18%, further emphasizing the stock's struggles in comparison to the overall market.