Why is Phyto Chem (I) falling/rising?

As of 30-Oct, Phyto Chem (India) Ltd is experiencing a decline in its stock price, currently at Rs 26.63, which reflects a decrease of 1.77 (-6.23%). The stock has underperformed its sector by 6.32% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 26.63, indicating significant selling pressure. Despite a notable increase in delivery volume, which rose by 348.09% against the 5-day average, the stock remains lower than the 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has declined by 28.03%, contrasting sharply with the Sensex's gain of 5.58%, highlighting a persistent underperformance.
In the broader market context, the stock's short-term performance over the past week shows a decline of 1.22%, while the Sensex has only decreased by 0.18%. This indicates that Phyto Chem is not only struggling in absolute terms but is also lagging behind the overall market trends. The year-to-date performance further emphasizes this trend, with the stock down 22.70% compared to the Sensex's increase of 8.02%. The lack of available positive or negative factors in the dashboard suggests that there are no significant catalysts currently influencing the stock's movement, contributing to its ongoing decline.