Why is Tata Chemicals falling/rising?

As of 18-Nov, Tata Chemicals Ltd. is experiencing a decline in its stock price, currently at 825.30, which reflects a decrease of 9.35 points or 1.12%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 33.82% compared to the 5-day average. Over the past year, the stock has generated a return of -21.77%, significantly underperforming the benchmark Sensex, which has gained 9.48% during the same period. The company's profits have also decreased by 41.2%, contributing to its negative performance.
In the broader market context, Tata Chemicals' short-term performance has been poor, with a 1-week return of -2.04% compared to the Sensex's gain of 0.96%. This consistent underperformance against the benchmark over the last three years, coupled with a high debt-equity ratio of 0.92 and a low debtors turnover ratio of 0.71, raises concerns about the company's long-term growth prospects. Although the stock is trading at a discount compared to its peers and has high institutional holdings, the overall financial health and declining operating profits suggest that investors are cautious, leading to the stock's current downward movement.