Why is Lactose (India) falling/rising?

As of 07-Nov, Lactose (India) Ltd is experiencing a decline in its stock price, currently at Rs 110.65, which represents a decrease of Rs 2.5 or 2.21%. Today's price summary indicates that the stock has underperformed its sector by 1.87%, with an intraday high of Rs 118 and a low of Rs 104.7, reflecting high volatility with a range of Rs 13.3. The stock has shown a significant decline over various periods, with a year-to-date drop of 48.75% and a one-month decline of 9.08%. Additionally, there has been a notable decrease in investor participation, as evidenced by a 74.9% drop in delivery volume compared to the five-day average, which may contribute to the stock's downward pressure.
In the broader market context, Lactose (India) Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 6.50% year-to-date. Over the past week, the stock has underperformed the Sensex by 4.53%, indicating a weak relative performance. The stock's moving averages suggest a bearish trend, as it is lower than the 5-day, 20-day, 50-day, and 200-day moving averages, despite being higher than the 100-day moving average. This combination of factors, including high volatility, declining investor interest, and poor relative performance against the benchmark, has contributed to the stock's current downward trajectory.