Why is Technichem Org. falling/rising?

As of 24-Sep, Technichem Organics Ltd is experiencing a price increase, currently at Rs 51.99, reflecting a rise of 2.39 or 4.82%. The stock has shown a positive trend today, outperforming its sector by 5.31% and marking a reversal after three consecutive days of decline. It opened with a gain of 4.82% and reached an intraday high of Rs 51.99. However, despite this positive movement, the stock has seen a significant decline of 15.46% over the past month, while the benchmark Sensex has gained 0.50% during the same period. Additionally, the stock's delivery volume has decreased by 25% compared to the five-day average, indicating a drop in investor participation.
In the broader market context, Technichem's short-term performance contrasts with the benchmark Sensex, which has declined by 1.18% over the past week while Technichem has gained 1.25%. This suggests that the stock is currently performing better than the overall market trend. However, the longer-term picture shows that the stock has not performed well over the past month compared to the Sensex, which may reflect broader market conditions affecting investor sentiment. The liquidity of the stock remains adequate for trading, as it is based on 2% of the five-day average traded value, which supports its current price movement despite the recent drop in delivery volume.