Why is Paragon Fine falling/rising?

As of 09-Sep, Paragon Fine and Speciality Chemical Ltd's stock price is currently at 55.80, reflecting a decrease of 1.25, or 2.19%. The stock has underperformed its sector today by 2.13%, and its delivery volume has significantly declined by 55.88% compared to the 5-day average, indicating falling investor participation. Although the stock has shown a slight increase of 0.63% over the past week and 5.08% over the past month, it has experienced a substantial decline of 40.98% year-to-date and 61.87% over the past year. There are no positive or negative factors available to provide additional context for the stock's recent movement.
In the broader market context, the Sensex has outperformed Paragon Fine, gaining 1.18% over the past week and 2.07% over the past month. While the benchmark index has shown a modest increase of 5.18% year-to-date, Paragon Fine's significant decline indicates a lack of investor confidence relative to the overall market performance. This disparity in performance may contribute to the downward pressure on the stock price, as investors may prefer to allocate their resources to better-performing assets.