Why is Technichem Org. falling/rising?

As of 28-Oct, Technichem Organics Ltd is experiencing a decline in its stock price, currently at Rs 48.00, which reflects a decrease of Rs 1.4 or 2.83%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 9.43% during this period. Today's trading saw the stock open with a gain of 3.22%, reaching an intraday high of Rs 50.99, but it ultimately closed lower, indicating volatility. Additionally, the stock is trading below its moving averages across various time frames, which suggests a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 47.06% against the five-day average, the overall performance remains negative, and there is no available information on positive or negative factors impacting the stock.
Broader market context shows that Technichem Organics Ltd has significantly underperformed compared to the Sensex, with a one-week return of -9.26% against the benchmark's slight gain of 0.24%. Over the past month, the stock has declined by 5.59%, while the Sensex has increased by 5.22%. This stark contrast highlights the stock's struggles in the current market environment, further compounded by its erratic trading pattern, where it did not trade on one day out of the last 20 days. The liquidity of the stock appears adequate for trading, but the overall negative sentiment and performance relative to the benchmark suggest challenges ahead for Technichem Organics Ltd.