Why is Shivam Chemicals falling/rising?

As of 18-Aug, Shivam Chemicals Ltd is experiencing a slight decline in its stock price, currently at 61.48, which reflects a change of -0.02 (-0.03%). The stock has underperformed its sector by 1.05% today and has been on a consecutive fall for the last two days, resulting in a total return of -1.63% over the past week. Additionally, the stock has shown a decline of 3.64% over the past month. While it has performed well year-to-date with a gain of 20.57%, the recent trend indicates falling investor participation, as evidenced by a decrease in delivery volume by 4.76% against the 5-day average. There is no specific positive or negative dashboard data available to further explain the stock's recent movement.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with the Sensex gaining 0.83% over the past week while Shivam Chemicals has lost 1.63%. This underperformance is notable, especially considering the stock's year-to-date performance is significantly better than the benchmark's 4.01% increase. The erratic trading pattern, with the stock not trading on two days out of the last twenty, may also contribute to the volatility and lack of investor confidence in the short term. Overall, the combination of recent declines, lower trading volumes, and underperformance relative to the benchmark suggests a challenging environment for Shivam Chemicals at this time.