Why is Chembond Materi. falling/rising?

As of 10-Jul, Chembond Material Technologies Ltd is experiencing a decline in its stock price, currently at Rs 223.00, which reflects a decrease of Rs 1.5 or 0.67%. The stock has been underperforming, with a consecutive fall over the last three days resulting in a total decline of 2.17%. It is also trading close to its 52-week low, just 1.35% above Rs 220. The stock's performance over the past month shows a significant drop of 11.86%, while it has generated a staggering loss of 64.63% over the past year. Additionally, the company has reported a decrease in net sales and profits, with net sales falling by 37.2% compared to the previous four-quarter average and profits declining by 30.6%. The stock's low debt-to-equity ratio and attractive valuation are overshadowed by its poor performance metrics and falling investor participation, as evidenced by a 46.6% drop in delivery volume.
In the broader market context, Chembond Material Technologies Ltd's short-term performance has been notably worse than the benchmark, with a 1-week return of -0.45% compared to the Sensex's -0.06%. This underperformance is consistent with its long-term trends, where it has lagged behind the BSE500 over the past three years, one year, and three months. The stock's liquidity remains adequate for trading, but the overall sentiment appears negative due to its declining financial performance and the significant drop in investor interest.