Why is Shiv Texchem falling/rising?

As of 28-Oct, Shiv Texchem Ltd is currently priced at Rs. 148.00, reflecting a decline of Rs. 11.55 or 7.24%. The stock has been underperforming significantly, with a consecutive fall over the last five days resulting in a total drop of 19.1%. Today, it hit a new 52-week low of Rs. 143.6, indicating ongoing weakness. The stock has also underperformed its sector by 6.49% today. In terms of returns, Shiv Texchem has seen a staggering decline of 46.95% over the past month and 54.74% year-to-date, while the benchmark Sensex has shown positive returns of 5.22% and 8.30%, respectively. The stock is trading below all its moving averages, which suggests a bearish trend, and despite a rise in delivery volume, the overall sentiment remains negative.
Broader Market Context: In the context of the broader market, Shiv Texchem's performance has been notably poor compared to the Sensex, which has gained 0.24% over the past week. The stark contrast in performance highlights the stock's struggles, particularly as it has lost nearly 17% in the last week alone. While the Sensex has shown resilience with positive returns over various periods, Shiv Texchem's significant declines over both short and long-term horizons underscore its challenges in attracting investor confidence amidst high volatility and a lack of positive catalysts.