Why is Haryana Leather falling/rising?

As of 22-Sep, Haryana Leather Chemicals Ltd's stock price is currently at Rs 82.85, reflecting a decrease of Rs 2.59, or 3.03%. The stock opened higher today with a gain of 3.93% but has since experienced significant volatility, trading within a wide range of Rs 10.8, reaching a high of Rs 88.8 and a low of Rs 78. The stock has underperformed its sector by 2.2% today, and there has been a notable decline in investor participation, with delivery volume falling by 66.35% compared to the 5-day average. Over the past month, the stock has shown a strong return of 21.25%, although it is down 3.71% year-to-date and 29.79% over the past year.
In the broader market context, the stock's recent performance over the past week shows a slight outperformance compared to the Sensex, which gained 0.46% while Haryana Leather increased by 0.42%. However, the year-to-date performance indicates a stark contrast, with the Sensex up 5.15% while Haryana Leather is down. This suggests that while the stock has had some short-term gains, its overall performance has lagged behind the benchmark, contributing to the current decline in price. The high volatility and reduced investor participation may also reflect broader market concerns or investor sentiment affecting the stock's stability.