Why is Laffans Petroch falling/rising?

As of 11-Nov, Laffans Petrochemicals Ltd is experiencing a decline in its stock price, currently at 33.60, which represents a decrease of 0.59 or 1.73%. The stock has underperformed its sector by 2.26% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 5.54% during this period. Additionally, Laffans Petrochemicals has shown poor performance over various time frames, with a year-to-date decline of 38.91% and a one-year drop of 31.36%. The stock is trading below all its moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 22.02% against the five-day average, the overall sentiment remains negative, and no specific positive or negative factors were provided to explain the stock's recent movement.
In the broader market context, Laffans Petrochemicals has significantly underperformed compared to the Sensex, which has gained 7.34% year-to-date and 5.50% over the past year. The stock's one-week return of -9.43% contrasts sharply with the Sensex's modest gain of 0.49% during the same period. This stark difference highlights the challenges faced by Laffans Petrochemicals in attracting investor confidence, especially in a market that is showing overall positive trends.