Why is Bodal Chemicals falling/rising?

As of 02-Jul, Bodal Chemicals Ltd is experiencing a decline in its stock price, currently at 75.20, which reflects a decrease of 1.67 or 2.17%. The stock has underperformed its sector by 0.9% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.3% during this period. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has seen a decrease in investor participation, with delivery volume falling by 1.66% compared to the 5-day average. Over the past week, the stock has shown a modest gain of 1.76%, but it has underperformed over the last month with a return of 1.08% compared to the Sensex's 2.50%.
In the broader market context, while Bodal Chemicals has shown positive returns year-to-date at 11.29%, it has lagged behind the Sensex, which has returned 6.75% during the same period. The stock's recent performance is further complicated by its negative return of 4.77% over the past year, despite a significant increase in net profit and positive results over the last two quarters. The company's attractive valuation, indicated by a low PEG ratio of 0.3 and a high return on capital employed, suggests potential for growth; however, the current market sentiment appears cautious, contributing to the stock's recent decline.