Why is Shiv Texchem falling/rising?

As of 13-Oct, Shiv Texchem Ltd is experiencing a decline in its stock price, currently at Rs. 186.30, which reflects a decrease of Rs. 23.0 or 10.99%. The stock has been underperforming significantly, having fallen consecutively for the last six days, resulting in a total decline of 31.51% during this period. Today, it opened with a loss of 9.22% and reached a new 52-week low of Rs. 176.75, indicating a challenging trading environment. The stock is trading below all key moving averages, and despite a notable increase in delivery volume, the overall sentiment remains negative, contributing to the stock's downward trajectory.
In the broader market context, Shiv Texchem's performance has been starkly contrasted with the Sensex, which has shown a slight increase of 0.66% over the past week, while Shiv Texchem has plummeted by 30.43%. This disparity highlights the stock's significant underperformance relative to the benchmark, particularly over the past month, where it has declined by 31.00% compared to the Sensex's modest gain of 0.52%. The high volatility observed today, with an intraday fluctuation of 5.39%, further underscores the stock's instability in the current market conditions.