Why is Advanced Enzyme falling/rising?

As of 13-Aug, Advanced Enzyme Technologies Ltd is experiencing a price increase, with the current price at Rs 306.40, reflecting a rise of Rs 6.35 or 2.12%. Today's price movement indicates a trend reversal, as the stock has gained after three consecutive days of decline. Despite this uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a slight decline of 0.34%, and it has underperformed significantly over the past year with a return of -26.92%. Positive factors include a low debt-to-equity ratio, strong operating cash flow, and a notable increase in institutional holdings, which may provide some support for the stock. However, the company has faced challenges with poor long-term growth and a high valuation relative to its peers.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a minimal decline of only 0.01% over the past week. While the chemicals sector has gained by 2.06%, Advanced Enzyme's performance remains concerning, particularly given its significant underperformance over the past year compared to the market. The stock's liquidity appears adequate for trading, but falling investor participation, as indicated by a 67.16% drop in delivery volume, raises questions about sustained interest. Overall, while there are some positive indicators, the stock's long-term outlook remains challenged, contributing to its mixed performance in the current market environment.