Why is Lime Chemicals falling/rising?

As of 23-Sep, Lime Chemicals Ltd is experiencing a decline in its stock price, currently at 14.99, which reflects a decrease of 0.51 or 3.29%. The stock has been underperforming, having lost 5.78% over the last six days, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has significantly dropped, with delivery volume on 22 September falling by 96.76% compared to the 5-day average. The stock's performance over various periods shows a substantial decline, with a year-to-date drop of 37.54% and a one-year decline of 54.10%, indicating ongoing challenges for the company.
In the broader market context, Lime Chemicals' short-term performance of -4.83% over the past week contrasts sharply with the Sensex, which has only declined by 0.34% during the same period. This underperformance highlights the stock's struggles relative to the market. Furthermore, while the Sensex has shown a positive return of 5.07% year-to-date, Lime Chemicals has faced significant losses, suggesting that broader market conditions are not favoring the stock. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to market benchmarks contributes to the ongoing decline in Lime Chemicals' stock price.