Why is Shiv Texchem falling/rising?

As of 10-Oct, Shiv Texchem Ltd is experiencing a significant decline in its stock price, currently at Rs 209.30, which represents a decrease of Rs 52.3 or 19.99%. The stock has been underperforming, having fallen consecutively for the last five days with a total decline of 22.77%. It opened with a loss of 2.91% today and reached an intraday low of Rs 209.30. The stock is also close to its 52-week low, just 3.44% away from Rs 202.1. Additionally, it is trading below all major moving averages, indicating a bearish trend. Despite a rise in delivery volume by 41.03% against the five-day average, the overall performance remains weak, particularly as it has underperformed its sector by 20.47%.
In the broader market context, the Sensex has shown a positive return of 1.59% over the past week, contrasting sharply with Shiv Texchem's decline of 22.77% during the same period. This stark difference highlights the stock's poor performance relative to the benchmark index. While the stock has been liquid enough for trading, the high volatility of 10.41% today suggests uncertainty among investors. Overall, the combination of negative price movements, underperformance against the sector, and the stock's position relative to moving averages contributes to the ongoing decline in Shiv Texchem's stock price.