Why is Archean Chemical falling/rising?

As of 15-Sep, Archean Chemical Industries Ltd is experiencing a decline in its stock price, currently at Rs 698.00, which represents a decrease of Rs 6.8 or 0.96%. The stock has underperformed its sector today, falling by 1.54%, and has been on a consecutive decline for the last two days, resulting in a total drop of 1.93%. Despite trading above its moving averages, the stock is still 4.65% away from its 52-week high of Rs 730.45. The company has shown poor long-term growth, with net sales decreasing at an annual rate of 10.01% and operating profit down by 33.64% over the last five years. Additionally, the company has reported negative results for the last six consecutive quarters, which has contributed to a decline in investor confidence.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.94%, while the benchmark Sensex has increased by 1.24%. This indicates that Archean Chemical is lagging behind the market. Although the company has high management efficiency and a low debt-to-equity ratio, the significant drop in operating profit and negative sales growth has overshadowed these positives. Furthermore, while institutional holdings have increased, suggesting some level of confidence from larger investors, the overall sentiment remains cautious due to the company's declining financial performance.