Why is India Gelatine falling/rising?

As of 06-Oct, India Gelatine & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 322.25, which reflects a decrease of Rs 12.15 or 3.63%. The stock has underperformed its sector by 3.66% today, reaching an intraday low of Rs 320, which is a drop of 4.31%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 3.42%, and its year-to-date performance shows a significant decline of 18.01%. While there has been a rise in investor participation, with delivery volume increasing by 13.6% against the 5-day average, the overall sentiment appears negative, and no specific positive or negative factors have been provided to explain the recent movements.
Broader market context shows that while India Gelatine is facing challenges, the benchmark Sensex has gained 1.77% over the past week and 4.67% year-to-date. This stark contrast highlights the stock's underperformance relative to the broader market. The stock's negative returns over the past month and year, at 8.93% and 11.16% respectively, further emphasize its struggles compared to the Sensex, which has shown modest gains. The liquidity of the stock remains adequate for trading, but the overall trend suggests that investor sentiment is not favorable at this time.