Why is Primo Chemicals falling/rising?

As of 17-Nov, Primo Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 22.80, reflecting a decrease of Rs 1.3 or 5.39%. The stock has underperformed its sector by 5.74% today, opening with a loss of 4.15% and reaching an intraday low of Rs 22.5, which is a drop of 6.64%. Despite a significant increase in delivery volume on November 14, which rose by 372.63% compared to the 5-day average, the stock's performance over the past month shows a decline of 3.84%. Year-to-date, it has fallen by 38.58%, indicating a challenging period for the company. Unfortunately, there is no information available regarding positive or negative factors that could have influenced this recent price movement.
Broader Market Context: In the short term, the stock's performance has lagged behind the benchmark Sensex, which has risen by 1.69% over the past week, while Primo Chemicals has only increased by 1.33%. This underperformance is further highlighted by the stark contrast in year-to-date returns, with the Sensex gaining 8.72% compared to the significant drop of 38.58% for Primo Chemicals. The broader market appears to be more favorable, which may contribute to the stock's struggles in attracting investor confidence and maintaining upward momentum.