Why is Kachchh Minerals falling/rising?

As of 08-Oct, Kachchh Minerals Ltd is experiencing a decline in its stock price, currently at Rs 36.91, which reflects a decrease of Rs 1.94 or 4.99%. The stock has been on a downward trend, having fallen consecutively for the last nine days, resulting in a significant drop of 36.92% during this period. Today's performance indicates that the stock opened lower by 2.16% and reached a day's low of Rs 36.91, while it briefly touched an intraday high of Rs 39.98. In terms of returns, the stock has underperformed significantly over the past week and month, with declines of 18.52% and 21.43%, respectively, despite a strong year-to-date return of 26.97%. The delivery volume has seen a notable increase, rising by 438.7% against the five-day average, suggesting heightened investor participation, although the absence of specific positive or negative factors limits a comprehensive analysis of the stock's recent movements.
Broader market context shows that Kachchh Minerals' performance is notably weaker compared to the benchmark Sensex, which has gained 0.98% over the past week and 1.22% over the past month. This stark contrast highlights the stock's struggles in the short term, particularly as it has consistently underperformed the sector. While the stock has shown impressive long-term growth over the past three and five years, the recent downturn indicates a shift in market sentiment or potential underlying issues that are affecting investor confidence.