Why is Deepak Chemtex falling/rising?

As of 23-Sep, Deepak Chemtex Ltd is currently priced at 128.50, reflecting a decrease of 2.5, or 1.91%. The stock has underperformed its sector today by 1.93%, having touched an intraday low of Rs 127.75, which is a decline of 2.48%. Additionally, the stock 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 declined by 5.51%, and it has seen a year-to-date drop of 8.99%, contrasting with a positive return of 29.47% over the past year. There is no information available regarding positive or negative factors impacting the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.98% over the past month and 5.07% year-to-date, Deepak Chemtex's recent performance has been notably weaker. The stock's short-term decline of 5.51% over the past week starkly contrasts with the Sensex's minor drop of only 0.34%. This underperformance suggests that investor sentiment towards Deepak Chemtex is currently negative, especially as the broader market has shown resilience.