Why is Mahickra Chem. falling/rising?

As of 05-Sep, Mahickra Chemicals Ltd is experiencing a decline in its stock price, currently at 143.95, which reflects a decrease of 5.0 or 3.36%. The stock has underperformed its sector by 2.72% today, and the delivery volume has fallen by 16.67% compared to the 5-day average, indicating a decrease in investor participation. While the stock is trading higher than its 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages. Over the past week, the stock has seen a significant drop of 11.14%, contrasting with a positive return of 1.29% from the Sensex. Year-to-date, Mahickra Chemicals has shown a strong performance with a 27.39% increase, but the recent short-term trends suggest a shift in momentum.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has significantly underperformed over the past week while maintaining a positive return over the longer term. The Sensex has shown a modest gain of 1.29% in the same period, highlighting the stock's relative weakness. Despite a strong year-to-date performance of 27.39%, the recent decline may reflect broader market sentiments or sector-specific challenges that are affecting investor confidence. The lack of positive factors in the dashboard further suggests that there may be underlying issues contributing to the stock's current downward trajectory.