Why is Alkyl Amines falling/rising?

As of 08-Jul, Alkyl Amines Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 2,347.00, which reflects a decrease of Rs 51.05 or 2.13%. Today's price summary indicates that the stock has underperformed its sector by 1.55%, with an intraday low of Rs 2,323.85, marking a drop of 3.09%. Despite this decline, the stock has shown positive performance over the past week, month, and year, with returns of +2.17%, +18.67%, and +11.81%, respectively. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 20.91%, and maintains a low debt-to-equity ratio, which supports its stability. However, the recent price movement suggests that investor sentiment may be cautious, despite rising delivery volumes indicating increased investor participation.
In the broader market context, Alkyl Amines has outperformed the Sensex over the past month and year, with respective returns of +18.67% compared to +1.85% and +11.81% compared to +4.69%. This indicates that while the stock is currently facing a decline, it has been performing well relative to the benchmark in the longer term. The stock's liquidity remains adequate, allowing for trades of significant size, which may help stabilize its price in the face of recent volatility. Overall, the combination of short-term underperformance and strong long-term returns reflects a complex market sentiment surrounding Alkyl Amines.