Why is Crestchem falling/rising?

As of 19-Nov, Crestchem Ltd's stock price is currently at 117.00, reflecting a decline of 4.5, or 3.7%. The stock has underperformed its sector today by 3.56%, opening with a loss of 3.33% and reaching an intraday low of Rs 113.05, which is a decrease of 6.95%. Additionally, Crestchem is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has seen a decline of 4.80%, and it has significantly underperformed the benchmark Sensex, which has gained 0.85% during the same period. Notably, there has been a rise in investor participation, with delivery volume increasing by 105.9% against the 5-day average, suggesting some interest despite the overall negative performance.
Broader Market Context: In the context of the broader market, Crestchem's recent performance contrasts sharply with the Sensex, which has shown positive returns both in the short term and year-to-date, with a 9.02% increase. The stock's year-to-date decline of 58.22% further emphasizes its struggles compared to the benchmark's positive trajectory. While the stock remains liquid enough for trading, the overall negative sentiment and the significant underperformance relative to the market indicate that investor confidence may be waning, contributing to the stock's downward movement.