Why is Indian Acrylics falling/rising?

As of 23-Sep, Indian Acrylics Ltd is experiencing a decline in its stock price, currently at 7.63, which reflects a decrease of 0.12 or 1.55%. The stock has underperformed its sector by 1.06% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 42.56% compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 44.14%, while the broader market benchmark, Sensex, has only decreased by 3.33%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the stock's short-term performance over the past week shows a decline of 1.04%, while the Sensex has only fallen by 0.34%. This indicates that Indian Acrylics is not only underperforming relative to the market but also struggling significantly over longer periods, with a year-to-date decline of 29.35% compared to the Sensex's gain of 5.07%. The stark contrast in performance over various time frames suggests that investor sentiment towards Indian Acrylics is weak, contributing to its ongoing price decline.