Why is Deepak Chemtex falling/rising?

As of 01-Oct, Deepak Chemtex Ltd's stock price is currently at 118.00, reflecting a decrease of 2.1, or 1.75%. The stock has been on a downward trend, having underperformed its sector by 2.7% today and experiencing a consecutive fall over the last five days, resulting in a total decline of 11.91% during this period. The stock opened with a loss of 3.33% today and reached an intraday low of Rs 114.1, which is a 5% drop. Additionally, it is trading below all key moving averages, indicating a bearish sentiment. While there has been a notable increase in investor participation, with delivery volume rising by 163.89% against the five-day average, this has not been sufficient to counteract the negative price movement.
In the broader market context, Deepak Chemtex's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.90% over the past week. The stock's year-to-date performance shows a significant drop of 16.43%, while the Sensex has gained 3.64% in the same timeframe. This stark difference highlights the stock's struggles relative to the overall market, suggesting that investor sentiment towards Deepak Chemtex is currently negative, despite some positive indicators such as increased trading volume.