Why is Archean Chemical falling/rising?

As of 12-Sep, Archean Chemical Industries Ltd is currently priced at Rs 704.80, reflecting a decrease of Rs 6.95 or 0.98%. The stock has recently underperformed its sector by 1.86% and has experienced a trend reversal after two consecutive days of gains. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Over the past week, the stock has gained 2.55%, and over the past month, it has increased by 8.11%, outperforming the Sensex, which rose by 1.48% and 2.08% respectively. Additionally, the company boasts a high management efficiency with a return on capital employed (ROCE) of 28.54%, a low debt-to-equity ratio, and significant institutional holdings that have increased by 1.61% over the previous quarter.
In the broader market context, Archean Chemical's short-term performance has been stronger than the benchmark, as evidenced by its 1-week and 1-month returns compared to the Sensex. The stock's liquidity is also favorable, with a significant increase in delivery volume, suggesting rising investor participation. However, the recent price drop may be attributed to the stock's underperformance relative to its sector and the trend reversal after a brief rally, which could indicate profit-taking by investors. Overall, while the stock has shown resilience and positive fundamentals, the recent decline reflects a temporary setback amidst a generally favorable performance landscape.