Why is Paragon Fine falling/rising?

As of 22-Sep, Paragon Fine and Speciality Chemical Ltd is experiencing a decline in its stock price, currently at 56.50, reflecting a decrease of 1.0 or 1.74%. The stock has underperformed its sector by 0.91% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 67.48% compared to the 5-day average. Over the past week, the stock has seen a return of -5.28%, while its performance over the year-to-date shows a substantial decline of 40.24%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, as the Sensex has gained 0.53% over the past week. While Paragon Fine's 1-month return is slightly positive at 1.99%, it still lags behind the Sensex's 1.34% gain. Year-to-date, the stark contrast is evident, with Paragon Fine down 40.24% compared to the Sensex's increase of 6.59%. This underperformance highlights the challenges faced by Paragon Fine in the current market environment, contributing to the downward pressure on its stock price.