Why is Indo Euro Indch. falling/rising?

As of 20-Oct, Indo Euro Indchem Ltd's stock price is currently at 12.50, reflecting a decrease of 0.66, or 5.02%. The stock has recently underperformed its sector by 4.88%, and after two consecutive days of gains, it has reversed direction. The stock's performance over the past week shows a modest increase of 3.31%, but it has declined by 1.88% over the past month. Year-to-date, the stock is down 22.79%, and over the last year, it has decreased by 26.47%. Additionally, the stock is currently trading higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages. There has also been a significant drop in investor participation, with delivery volume falling by 41.68% compared to the 5-day average.
In the broader market context, the Sensex has shown a positive return of 2.47% over the past week and 2.10% over the past month, indicating that the market is performing better than Indo Euro Indchem Ltd in the short term. The stock's year-to-date performance is notably worse than the Sensex, which has gained 7.97% during the same period. This disparity suggests that the stock is facing challenges that are not affecting the broader market, contributing to its decline. Overall, the combination of falling investor participation and underperformance relative to both the sector and the benchmark indicates a negative sentiment surrounding Indo Euro Indchem Ltd.