Why is CHD Chemicals falling/rising?

As of 28-Jul, CHD Chemicals Ltd is experiencing a decline in its stock price, currently at 5.51, reflecting a decrease of 0.27 or 4.67%. The stock has underperformed its sector by 3.73% today and has been on a downward trend for the last two days, accumulating a total loss of 4.84% in this period. Over the past week, the stock has decreased by 5.49%, and its year-to-date performance shows a significant drop of 24.10%. The company has also reported weak long-term fundamentals, with a -47.47% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 7.93 times, indicating challenges in servicing its debt. Additionally, the stock's delivery volume has fallen sharply, down 73.44% against the five-day average, suggesting declining investor interest.
In the broader market context, CHD Chemicals has consistently underperformed against the benchmark, with a three-year return of -29.36% compared to the Sensex's 42.27% gain. This trend continues in the short term, where the stock's performance over the last month shows a decline of 6.61%, while the benchmark has only fallen by 3.77%. The company's flat results in net sales and negative operating profits further contribute to its risk profile, making it a strong sell. Overall, the combination of poor financial performance, high debt levels, and lack of investor confidence is driving the stock's decline.