Why is Indian Emuls falling/rising?

As of 01-October, Indian Emulsifiers Ltd is experiencing a decline in its stock price, currently at 135.10, which reflects a decrease of 5.55 or 3.95%. The stock has underperformed its sector by 4.24% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has significantly decreased by 83.16% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has dropped by 5.95%, and it has seen a substantial year-to-date decline of 40.93%, while the benchmark Sensex has gained 5.04% during the same period.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex by a notable margin in both the short-term and year-to-date metrics. While the Sensex has shown resilience with a positive return of 0.86% over the past month, Indian Emulsifiers Ltd has declined by 3.60%. This divergence suggests that the company is facing specific challenges that are not affecting the broader market, contributing to its ongoing price decline.