Why is Gokul Refoils falling/rising?

As of 17-Oct, Gokul Refoils and Solvent Ltd is experiencing a decline in its stock price, currently at Rs 40.60, which reflects a decrease of Rs 0.42 or 1.02%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total return of -5.32% over that period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, sitting just 4.93% above that threshold. Furthermore, there has been a decline in investor participation, with delivery volume decreasing by 3.58% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, Gokul Refoils' recent performance contrasts sharply with the benchmark Sensex, which has gained 1.76% over the past week. The stock has underperformed the benchmark significantly over various time frames, including a year-to-date decline of 35.25% compared to the Sensex's 7.44% increase. This stark difference highlights the challenges faced by Gokul Refoils in attracting investor confidence and suggests that broader market trends are not favoring the stock at this time.