Why is Shivam Chemicals falling/rising?

As of 07-Nov, Shivam Chemicals Ltd is experiencing a decline in its stock price, currently at 59.75, which reflects a decrease of 0.3 or 0.5%. The stock has been underperforming, having lost 7.92% over the past week and 23.40% over the last month. Additionally, it has fallen for three consecutive days, with a significant drop in delivery volume, which decreased by 89.8% compared to the 5-day average. The stock is currently trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a bearish trend. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a slight decline of 0.86% over the past week, which is significantly better than Shivam Chemicals' performance. While the stock has a year-to-date return of 17.18%, it has underperformed the Sensex, which has gained 6.50% in the same period. This underperformance in both the short-term and relative to the benchmark suggests that investor sentiment towards Shivam Chemicals is currently negative, contributing to the stock's recent price decline.