Why is DE Nora India falling/rising?

As of 29-Sep, DE Nora India Ltd is experiencing a decline in its stock price, currently at Rs 830.00, which represents a decrease of Rs 14.55 or 1.72%. The stock has underperformed its sector by 0.98% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.86% during this period. Additionally, the stock 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 significantly decreased, falling by 72.88% against the 5-day average, suggesting a decline in investor participation. The stock's year-to-date performance shows a substantial drop of 28.79%, while its one-year return is down by 46.36%, highlighting ongoing challenges.
In the broader market context, DE Nora India's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.85% year-to-date. Over the past week, DE Nora has declined by 6.47%, while the Sensex has only fallen by 2.18%, indicating a significant underperformance relative to the market. This divergence suggests that investor sentiment towards DE Nora India is weak compared to the overall market, contributing to the stock's downward trajectory.