Why is Mahickra Chem. falling/rising?

As of 12-Sep, Mahickra Chemicals Ltd is experiencing a decline in its stock price, currently at 151.00, which reflects a decrease of 4.0 or 2.58%. Despite this drop, the stock has shown strong performance over the past week and month, with returns of 4.90% and 4.50%, respectively. Additionally, the stock has outperformed the benchmark Sensex over the year-to-date and one-year periods, with returns of 33.63% and 36.65%. Today's price summary indicates that Mahickra Chemicals is trading above its moving averages across various time frames, and there has been a notable increase in investor participation, with delivery volume rising by 53.85% against the 5-day average. However, it is important to note that the stock has underperformed its sector by 3.46% today.
In the broader market context, while Mahickra Chemicals has shown impressive returns over longer periods, its current performance is contrasted by the Sensex's modest gain of 1.51% over the past week. The stock's recent decline may reflect short-term market fluctuations or sector-specific challenges, despite its overall strong performance in the longer term. The liquidity of the stock remains adequate for trading, which suggests that the decline may not be due to a lack of market interest, but rather other factors influencing investor sentiment.