Why is Gokul Refoils falling/rising?

As of 12-Sep, Gokul Refoils and Solvent Ltd is experiencing a decline in its stock price, currently at Rs 39.53, which represents a decrease of 0.57 or 1.42%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.64%. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 2.35% away from Rs 38.6. The delivery volume has significantly decreased by 49.69% compared to the 5-day average, suggesting a drop in investor participation. Over the past month, the stock has declined by 6.26%, while its year-to-date performance shows a substantial drop of 36.95%.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has increased by 1.48% over the past week and 2.08% over the past month. This underperformance highlights a significant divergence, as Gokul Refoils has not only lagged behind the benchmark but has also shown a negative return of 28.22% over the past year, while the Sensex has declined only by 1.28%. The overall market sentiment appears to favor other stocks, as indicated by the positive returns of the benchmark, further contributing to the downward pressure on Gokul Refoils' stock price.