Why is Paragon Fine falling/rising?

As of 11-September, Paragon Fine and Speciality Chemical Ltd is experiencing a slight decline in its stock price, currently at 54.95, which reflects a decrease of 0.05 or 0.09%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with a delivery volume of 6,000 shares on September 10, which is down by 32.43% compared to the 5-day average. The stock's performance over the past week shows a decline of 5.42%, while it has gained 4.67% over the past month. However, the year-to-date performance is significantly negative at -41.88%, and the one-year return stands at -63.43%, suggesting persistent challenges for the company.
In the broader market context, the Sensex has shown a positive return of 1.10% over the past week and 1.71% over the past month, indicating that the overall market is performing better than Paragon Fine. The year-to-date return for the Sensex is +5.75%, contrasting sharply with Paragon's substantial decline. This disparity highlights the stock's underperformance relative to the benchmark, which may be contributing to the negative sentiment surrounding it. The lack of available positive or negative factors further complicates the analysis, as there are no specific catalysts mentioned that could influence the stock's movement positively.