Why is DE Nora India falling/rising?

As of 13-Oct, DE Nora India Ltd is experiencing a decline in its stock price, currently at Rs 785.05, which reflects a decrease of Rs 21.6 or 2.68%. The stock has been underperforming, having lost 7.97% over the last seven days and is trading below all its moving averages, indicating a bearish trend. In the past week, the stock has decreased by 5.78%, while the benchmark Sensex has gained 0.66%. Year-to-date, DE Nora India has seen a significant decline of 32.65%, contrasting sharply with the Sensex's increase of 5.36%. Although there has been a rise in investor participation, with delivery volume increasing by 82.27% against the five-day average, the overall sentiment remains negative.
Broader Market Context: The broader market context shows that while the Sensex has been performing positively, DE Nora India has consistently underperformed, particularly in the short term. The stock's recent performance is notably weaker compared to the benchmark, which suggests a lack of investor confidence in DE Nora India amidst its ongoing price decline. The stock's liquidity remains adequate for trading, but the persistent downward movement and the significant year-over-year loss of 48.56% indicate underlying issues that are affecting its appeal to investors.