Why is Tuticorin Alkali falling/rising?

As of 22-Sep, Tuticorin Alkali Chemicals & Fertilizers Ltd is currently priced at Rs 74.26, reflecting an increase of Rs 0.23 or 0.31%. Despite this slight uptick, the stock has been on a downward trend, having fallen consecutively for the last three days with a total decline of -1.56%. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, it is close to its 52-week low, being only 3.53% away from Rs 71.25. However, there has been a notable increase in investor participation, with delivery volume rising by 35.94% against the 5-day average, which may suggest some underlying interest despite the recent price declines.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.46% over the past week, Tuticorin Alkali has underperformed with a decline of -1.08%. Over the past month, the stock has decreased by -6.72%, while the Sensex has increased by 1.05%. Year-to-date, the stock has seen a significant drop of -24.19%, contrasting sharply with the Sensex's gain of 5.15%. This disparity highlights the challenges faced by Tuticorin Alkali in the current market environment, despite the recent uptick in price and increased trading volume.