Why is Khaitan Chemical falling/rising?

As of 31-Oct, Khaitan Chemicals & Fertilizers Ltd is experiencing a decline in its stock price, currently at 102.15, which reflects a decrease of 6.25 or 5.77%. The stock has been underperforming, having lost 19.09% over the past week and 16.61% over the past month, while it has shown a significant drop of 19.76% in the last three days. Today's trading has seen high volatility, with an intraday low of Rs 101.4. Although the stock remains above its 200-day moving average, it is below its shorter-term moving averages, indicating a bearish trend. Additionally, while there has been rising investor participation with a 4.49% increase in delivery volume, the stock has still underperformed its sector by 4.87%.
In the broader market context, the Sensex has only declined by 0.32% over the past week, contrasting sharply with Khaitan Chemicals' significant drop. This suggests that the stock's recent struggles are more pronounced than the overall market trends. Over the past year, Khaitan Chemicals has outperformed the Sensex with a return of 43.53% compared to the benchmark's 5.73%, indicating that while the stock has had a strong performance historically, its current trajectory is concerning. The lack of positive factors in the provided data further emphasizes the challenges the stock is facing in the current market environment.