Why is Tuticorin Alkali falling/rising?

As of 23-Sep, Tuticorin Alkali Chemicals & Fertilizers Ltd is experiencing a decline in its stock price, currently at Rs 72.50, which reflects a decrease of Rs 1.76 or 2.37%. The stock has underperformed its sector by 1.81% today and is trading close to its 52-week low, just 1.72% away from Rs 71.25. Over the past week, the stock has decreased by 2.89%, and its year-to-date performance shows a significant decline of 25.99%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. While there has been a rise in investor participation, with delivery volume increasing by 48.67% against the 5-day average, the overall sentiment appears negative, as there are no positive factors reported to counterbalance the stock's downward movement.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex only declining by 0.34% over the same week. This stark contrast highlights the challenges faced by Tuticorin Alkali, as it has not only underperformed the market but also shows a significant negative return over the past month and year. The stock's long-term performance over three years is positive at 3.28%, but this is overshadowed by its recent struggles. The liquidity of the stock remains adequate for trading, but the persistent decline in price suggests that investor confidence is waning, contributing to the overall negative sentiment surrounding the stock.