Why is Chembond Materi. falling/rising?

As of 17-Sep, Chembond Material Technologies Ltd is experiencing a price increase, with its current price at 185.90, reflecting a change of 2.55 (1.39%) upward. The stock has shown positive momentum recently, having gained 2.71% over the last two days and outperforming its sector by 0.4%. Additionally, the stock's performance over the past week has been strong, with a return of 2.45%, while it has also increased by 9.29% over the past month. However, it is important to note that the stock has a year-to-date decline of 68.77% and a one-year decline of 69.61%, indicating significant long-term challenges. The rising investor participation, evidenced by a 145.4% increase in delivery volume compared to the five-day average, suggests growing interest in the stock.
In the broader market context, Chembond Material Technologies Ltd has outperformed the Sensex in the short term, with a 1-week return of 2.45% compared to the Sensex's 1.56%. This indicates that while the stock has struggled significantly over the longer term, it is currently gaining traction relative to the benchmark. The stock's liquidity is also favorable, being liquid enough for trades of Rs 0.01 crore based on 2% of the five-day average traded value. Overall, while the stock is currently rising, it faces substantial long-term challenges that could affect its future performance.