Why is Indian Emuls falling/rising?

As of 23-Sep, Indian Emulsifiers Ltd is experiencing a decline in its stock price, currently at 157.30, which reflects a decrease of 28.65 or 15.41%. The stock has underperformed its sector significantly today, with a performance lag of 14.85%. In terms of returns, the stock has shown a negative trend over various periods, including a 12.90% decline over the past week and a substantial 31.22% drop year-to-date. Additionally, the stock's delivery volume has decreased by 25.71% compared to the 5-day average, indicating falling investor participation. While the stock is trading above its 50-day and 100-day moving averages, it is below the 5-day, 20-day, and 200-day moving averages, suggesting mixed momentum.
In the broader market context, the Sensex has only slightly declined by 0.28% over the past week, contrasting with Indian Emulsifiers' more pronounced drop. Over the past month, the stock has outperformed the benchmark with a 10.70% increase, while the Sensex rose by just 1.20%. However, the year-on-year performance shows a stark difference, with Indian Emulsifiers down 47.57% compared to the Sensex's modest decline of 2.97%. This disparity highlights the stock's ongoing struggles relative to the overall market, contributing to its recent price decline.