Why is Mahickra Chem. falling/rising?

As of 08-Oct, Mahickra Chemicals Ltd's stock price is currently at 152.85, reflecting a decrease of 0.4, or 0.26%. The stock has shown a mixed performance recently, with a 1-week decline of 1.32%, while it has gained 7.00% over the past month. Notably, the stock has outperformed its sector by 0.58% today, and there has been a significant increase in investor participation, with delivery volume rising by 400% compared to the 5-day average. The stock's performance is also strong on a year-to-date basis, with a 35.27% increase, although it is currently trading lower than its 5-day and 20-day moving averages.
In the broader market context, the Sensex has increased by 0.84% over the past week, contrasting with Mahickra Chemicals' decline. While the stock has outperformed the benchmark in the short term, its recent dip may be attributed to the overall market conditions and investor sentiment. The stock's liquidity remains adequate, allowing for trades, but the lack of specific positive or negative factors in the dashboard limits a deeper analysis of the underlying reasons for the stock's current movement.