Why is Indo Euro Indch. falling/rising?

As of 24-Sep, Indo Euro Indchem Ltd is experiencing a decline in its stock price, currently at 12.45, which represents a decrease of 0.15 or 1.19%. The stock has underperformed its sector today by 1%, and it has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.08% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 80.14% compared to the 5-day average, which suggests reduced interest in trading the stock.
In terms of broader market context, Indo Euro Indchem Ltd's performance over the past week shows a slight decline of 0.32%, while the benchmark Sensex has decreased by 1.18%. Over the past month, however, the stock has outperformed the benchmark with a return of 14.22% compared to the Sensex's 0.50%. Despite this recent outperformance, the year-to-date return for the stock is down 23.10%, contrasting sharply with the Sensex's gain of 4.58%. This long-term underperformance, combined with the current negative momentum and declining investor interest, contributes to the stock's recent price movement.