Why is Ducol Organics falling/rising?

As of 22-Sep, Ducol Organics & Colours Ltd is experiencing a decline in its stock price, currently at Rs 161.00, which reflects a decrease of Rs 2.35 or 1.44%. The stock has underperformed its sector today by 2.47%, and while it is currently 4.35% away from its 52-week high of Rs 168, it has shown strong performance over the past month with an increase of 11.03%. However, the recent delivery volume has fallen by 15.09% against the 5-day average, indicating a decrease in investor participation, which may be contributing to the downward price movement. Additionally, the stock is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages but is lower than its 5-day moving average, suggesting mixed signals regarding its short-term momentum.
In the broader market context, Ducol Organics has underperformed compared to the Sensex, which has gained 0.53% over the past week while Ducol has decreased by 3.30%. Despite a strong year-to-date performance of 18.69% compared to the Sensex's 6.59%, the recent decline may reflect broader market sentiments or sector-specific challenges. The stock's liquidity remains adequate for trading, but the falling investor participation could indicate a lack of confidence or interest in the stock at this time, contributing to its current price decline.