Why is Alkyl Amines falling/rising?

As of 26-Sep, Alkyl Amines Chemicals Ltd is experiencing a decline in its stock price, currently at 1,966.00, reflecting a decrease of 39.1 points or 1.95%. The stock has been on a downward trend, losing value for the past seven days and showing a total decline of 5.68% during this period. It opened today with a loss of 2.5% and reached an intraday low of Rs 1955.05. Over the past week, the stock has underperformed the benchmark Sensex, which declined by 2.66%, while Alkyl Amines fell by 5.19%. Additionally, the stock's performance over the last year shows a significant decline of 15.90%, contrasting with the Sensex's drop of only 6.30%. The company has a high management efficiency with a return on equity (ROE) of 20.91% and a low debt-to-equity ratio of 0.01, but it faces challenges such as poor long-term growth, with operating profit decreasing at an annual rate of 2.60% over the last five years.
In the broader market context, Alkyl Amines' recent performance has been notably weaker compared to the benchmark, particularly over the last three years, where it has consistently underperformed. The stock's valuation appears expensive with a price-to-book value of 7.2, and despite a 26.1% increase in profits over the past year, the stock has generated negative returns. This combination of high valuation and underperformance against peers contributes to investor sentiment that may be driving the stock lower. The falling investor participation, indicated by a decrease in delivery volume, further suggests a lack of confidence in the stock's future performance.