Why is Paragon Fine falling/rising?

As of 03-September, Paragon Fine and Speciality Chemical Ltd's stock price is currently at Rs 54.60, reflecting a decrease of Rs 0.85, or 1.53%. The stock has underperformed significantly, with a 1-week return of -7.14% and a year-to-date decline of -42.25%. Additionally, it is trading lower than all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock is also close to its 52-week low, being only 4.76% away from it. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 50% compared to the 5-day average, indicating reduced interest in the stock.
In the broader market context, the Sensex has shown a slight increase of 0.01% over the past week, contrasting sharply with Paragon Fine's significant decline. While the benchmark has gained 4.53% year-to-date, Paragon Fine's performance has been markedly poor, highlighting a stark divergence between the stock and the overall market. This underperformance is compounded by the lack of available positive factors to counterbalance the negative trends observed in the stock's recent movements.