Why is Indian Phosphate falling/rising?

As of 28-Jul, Indian Phosphate Ltd's stock price is currently at 53.40, reflecting a decrease of 1.3, or 2.38%. The stock has underperformed its sector by 1.69% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has significantly dropped by 64.29% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has decreased by 5.07%, and it has seen a substantial year-to-date decline of 33.46%, contrasting sharply with the Sensex, which has gained 4.38% during the same period.
In the broader market context, Indian Phosphate's recent performance has been notably weaker than the benchmark, as it has consistently underperformed over various time frames, including a 7.29% decline over the past month compared to the Sensex's 3.73% drop. This suggests that while the overall market has faced challenges, Indian Phosphate has struggled even more significantly. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could potentially reverse the current downward trend.