Why is Alkyl Amines falling/rising?

As of 04-Aug, Alkyl Amines Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 2,261.80, which reflects a decrease of Rs 78.3 or 3.35%. The stock has underperformed its sector by 3.93% today and has been on a consecutive downward trend for the last two days, with a total decline of 3.79% during this period. It opened with a loss of 3.42% and reached an intraday low of Rs 2,255.1. Despite a positive year-to-date return of 28.15%, the stock has shown a negative performance over the past month, down 1.52%, and a significant decline of 27.39% over the last three years. However, the company maintains a high management efficiency with a return on equity (ROE) of 20.91% and a low debt-to-equity ratio of 0.01, which are positive indicators for its financial health.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark Sensex over the past week, where it gained 4.81% compared to the Sensex's 0.16%. However, over the past month, both the stock and the benchmark have faced declines, with the Sensex down 2.89%. The rising investor participation, indicated by a significant increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. The liquidity of the stock remains adequate for trading, which may help stabilize its price in the future.