Why is Bodal Chemicals falling/rising?

As of 24-Sep, Bodal Chemicals Ltd is currently priced at 64.35, reflecting a decline of 0.89, or 1.36%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -4.21% over the past week. It is trading below all its moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly decreased, falling by 49.28% against the five-day average, suggesting a lack of investor interest. While the company has reported positive operating profit growth and strong net sales, the overall long-term fundamentals are weak, with a low return on capital employed and a high debt to EBITDA ratio, which may deter investors.
In the broader market context, Bodal Chemicals has underperformed the benchmark, with a one-week return of -4.21% compared to the Sensex's decline of only -1.18%. Over the past year, the stock has generated a return of -19.53%, significantly lagging behind the benchmark's -3.77% return. This consistent underperformance, coupled with the lack of domestic mutual fund investment, indicates a lack of confidence in the stock's future prospects, further contributing to its recent price decline.