Why is Orient Ceratech falling/rising?

As of 16-Oct, Orient Ceratech Ltd's stock price is currently at 35.78, reflecting a decline of 0.93, or 2.53%. The stock has underperformed its sector by 3.43% today and has experienced a trend reversal, falling after two consecutive days of gains. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 2.69%, and year-to-date, it has dropped 31.19%, contrasting sharply with the Sensex, which has gained 6.82% during the same period. There is a notable increase in investor participation, with delivery volume rising by 42.22% against the 5-day average, suggesting some interest despite the overall decline.
In the broader market context, the stock's recent performance has been significantly weaker than the benchmark, as it has consistently underperformed over various time frames, including a 6.34% decline over the past month compared to a 1.32% gain in the Sensex. This disparity highlights a challenging environment for Orient Ceratech Ltd relative to the market. While the stock has shown some liquidity, being liquid enough for trade sizes, the overall negative sentiment and recent price movements indicate that investors may be cautious, leading to the current downward trend.