Why is Ushanti Colour falling/rising?

As of 07-Aug, Ushanti Colour Chem Ltd is experiencing a decline in its stock price, currently at Rs 45.95, which reflects a decrease of Rs 0.95 or 2.03%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 1.85% away from Rs 45.1. Over the past month, the stock has underperformed with a return of -6.61%, compared to the Sensex's -3.40%. Despite a recent increase in delivery volume by 66.67% against the 5-day average, the overall performance remains weak, and there are no positive factors available to counterbalance the negative trends.
In the broader market context, Ushanti Colour's short-term performance has been slightly better than the benchmark, as it has declined by only 0.11% over the past week compared to the Sensex's decline of 0.70%. However, the year-to-date performance shows a significant underperformance, with Ushanti Colour down 25.71% while the Sensex has gained 4.02%. This stark contrast highlights the challenges faced by Ushanti Colour in the current market environment, further exacerbated by its long-term returns, which have lagged behind the benchmark over 1 year, 3 years, and even 5 years.