Why is Laffans Petroch falling/rising?

As of 13-Nov, Laffans Petrochemicals Ltd is experiencing a decline in its stock price, currently at Rs 31.51, which reflects a decrease of Rs 2.32 or 6.86%. The stock has underperformed its sector by 5.89% today, touching an intraday low of Rs 29.75, marking a significant drop of 12.06%. The stock has shown high volatility with an intraday volatility of 6.65%, and it is trading below all key moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 52.7% compared to the 5-day average. The stock's performance over the past week and month has also been poor, with declines of 11.24% and 11.98%, respectively, and a year-to-date drop of 42.71%.
In the broader market context, while Laffans Petrochemicals has struggled, the benchmark Sensex has shown resilience, gaining 1.40% over the past week and 2.61% over the past month. This stark contrast highlights the stock's underperformance relative to the market. Over the past year, Laffans has declined by 40.85%, while the Sensex has increased by 8.74%, further emphasizing the stock's challenges. The lack of available positive factors in the dashboard suggests that there are no significant catalysts currently supporting the stock's price, contributing to its downward trajectory amidst a generally improving market environment.