Why is Khaitan Chemical falling/rising?

As of 14-Nov, Khaitan Chemicals & Fertilizers Ltd is experiencing a decline in its stock price, currently at Rs 95.00, which reflects a decrease of Rs 2.25 or 2.31%. The stock has underperformed its sector by 2.09% today and has been on a downward trend for the last two days, accumulating a total drop of 3.89%. Additionally, the stock's performance over the past week shows a significant decline of 6.59%, and over the past month, it has fallen by 18.94%. Despite a strong year-to-date return of 32.63% and a one-year return of 42.54%, the recent negative momentum is compounded by a decrease in investor participation, with delivery volume dropping by 44.29% compared to the five-day average.
In the broader market context, the Sensex has shown a positive return of 1.62% over the past week and 3.09% over the past month, indicating that the overall market is performing well while Khaitan Chemicals is struggling. This contrast highlights the stock's underperformance relative to the benchmark. The stock's moving averages indicate that it is currently above the 200-day moving average but below the shorter-term averages, suggesting a potential bearish trend in the near term. The liquidity remains adequate for trading, but the falling investor interest may further pressure the stock's price in the coming days.