Why is Kanoria Chem. falling/rising?

As of 17-Nov, Kanoria Chemicals & Industries Ltd is experiencing a decline in its stock price, currently at 76.30, which reflects a decrease of 0.75 or 0.97%. The stock has underperformed its sector by 1.32% today and is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.54% compared to the 5-day average. Over the past week, the stock has decreased by 4.53%, and year-to-date, it has dropped by 32.60%, indicating a persistent downward trend without any available positive factors to counterbalance this performance.
In the broader market context, the Sensex has shown a positive return of 1.69% over the past week and an 8.72% increase year-to-date, highlighting a stark contrast to Kanoria Chemicals' performance. This underperformance against the benchmark suggests that the stock is not only struggling in the short term but also lagging significantly over a longer period, as evidenced by its 32.09% decline over the past year compared to the Sensex's 9.50% gain. The lack of positive factors further exacerbates the stock's challenges, indicating a tough environment for Kanoria Chemicals amidst a generally rising market.