Why is Paragon Fine falling/rising?

As of 24-Sep, Paragon Fine and Speciality Chemical Ltd is experiencing a decline in its stock price, currently at 55.55, which represents a decrease of 0.95 or 1.68%. The stock has underperformed its sector by 1.19% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 67.59% compared to the 5-day average. Over the past week, the stock has decreased by 8.48%, while it has shown a modest increase of 0.27% over the past month. However, the year-to-date performance is concerning, with a decline of 41.25%, and a staggering drop of 66.63% over the past year.
In the broader market context, the Sensex has only declined by 1.08% over the past week and has increased by 0.75% over the past month, indicating that the overall market is performing better than Paragon Fine. Year-to-date, while the Sensex has gained 5.97%, Paragon Fine's significant losses highlight its underperformance relative to the benchmark. This disparity suggests that external market conditions may not be the primary driver of Paragon Fine's stock movement; rather, company-specific issues, such as declining investor interest and poor recent performance, are likely contributing to its falling stock price.