Why is Styrenix Perfor. falling/rising?

As of 11-Nov, Styrenix Performance Materials Ltd is experiencing a decline in its stock price, currently at 2,313.65, which reflects a decrease of 14.25 points or 0.61%. The stock has been underperforming, as evidenced by its performance today, where it has fallen for the last two consecutive days, resulting in a total decline of 1.66%. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -7.56%, significantly underperforming the broader market, which has seen a positive return of 4.43%. The stock is also close to its 52-week low, just 4.82% above it, indicating a challenging market position.
In the broader market context, the stock's short-term return has been negative, contrasting with the Sensex, which has gained 0.49% over the past week. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 49.06% compared to the 5-day average. Despite some positive factors, such as high management efficiency and healthy long-term growth, the stock's recent performance has been overshadowed by its inability to keep pace with market benchmarks and its declining momentum. The stock's premium valuation compared to peers and the negative sentiment surrounding its recent returns further contribute to the downward pressure on its price.