Why is Phaarmasia falling/rising?

As of 23-Sep, Phaarmasia Ltd's stock price is currently at Rs 38.04, reflecting a decline of Rs 1.96 or 4.9%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 7.67% during this period. Today's trading saw the stock reach a high of Rs 40.98 but also dip to a low of Rs 38.02. Despite being above the 20-day, 50-day, 100-day, and 200-day moving averages, it is below the 5-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 25.48% compared to the 5-day average, indicating some interest in the stock despite its recent price decline. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing this movement.
In the broader market context, Phaarmasia's short-term performance over the past week shows a decline of 1.19%, which is significantly worse than the Sensex's decrease of only 0.34%. Over the past month, however, Phaarmasia has outperformed the benchmark with a gain of 25.17% compared to the Sensex's 0.98%. Year-to-date, the stock has underperformed the Sensex, with a decline of 21.57% against the benchmark's gain of 5.07%. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence amidst broader market trends.