Why is Mahickra Chem. falling/rising?

As of 15-Sep, Mahickra Chemicals Ltd is currently priced at 151.00, showing no change (0.00%). The stock has underperformed its sector by 0.58% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 5.71%, and year-to-date, it has risen by 33.63%. However, there has been a notable decline in investor participation, with delivery volume falling by 61.54% against the 5-day average, indicating a potential concern regarding the stock's liquidity and interest among investors.
In the broader market context, Mahickra Chemicals has outperformed the Sensex over various periods, including a 1-month return of 6.41% compared to the Sensex's 1.78% and a year-to-date return of 33.63% versus the Sensex's 6.02%. This suggests that while the stock has shown strong performance relative to the benchmark, the recent drop in investor participation could be a warning sign. The overall market sentiment appears to be stable, but the stock's current flat performance may reflect a cautious approach from investors amidst declining trading volumes.