Why is Kemistar Corp. falling/rising?

As of 29-Oct, Kemistar Corporation Ltd is experiencing a decline in its stock price, currently at Rs 85.05, which represents a decrease of Rs 4.45 or 4.97%. The stock opened with a gain of 2.74% today, reaching an intraday high of Rs 91.95, but ultimately fell to its current price, indicating significant volatility. Over the past week, the stock has underperformed the sector by 5.97%, and its performance over the last month shows a decline of 12.74%. Although the stock has shown strong returns over the past three years at 94.18%, its year-to-date performance is down by 10.20%, suggesting recent struggles despite historical gains. There is a notable increase in investor participation, with delivery volume rising by 825.57% against the 5-day average, which may indicate some interest despite the price drop.
In the broader market context, the Sensex has shown a positive return of 0.68% over the past week, contrasting sharply with Kemistar's decline. This divergence highlights the stock's underperformance relative to the benchmark. The stock's liquidity appears adequate for trading, as it is based on 2% of the 5-day average traded value, but it remains lower than its 5-day, 20-day, and 50-day moving averages, indicating a potential bearish trend in the short term. Overall, while there is some positive investor interest, the stock's recent price movements and performance metrics suggest a challenging environment for Kemistar Corporation Ltd.