Why is Chemcon Special. falling/rising?

As of 03-Jul, Chemcon Speciality Chemicals Ltd is experiencing a slight increase in its stock price, currently at 200.50, reflecting a change of 0.65 or 0.33% upward. Today's price summary indicates that the stock has outperformed its sector by 0.36% and has shown a trend reversal by gaining after four consecutive days of decline. However, the stock's performance over the past week has been negative, with a return of -1.55%, and it has underperformed the benchmark Sensex, which has gained 3.10% over the past month. Additionally, the company has a low Debt to Equity ratio, but it faces challenges with poor long-term growth, as evidenced by a decline in net sales and operating profit over the last five years.
In the broader market context, while Chemcon's recent performance has shown a minor recovery, it has consistently underperformed against the benchmark over the last three years, with a significant -26.57% return in the past year compared to the Sensex's 4.07% gain. This underperformance is compounded by a high valuation relative to its peers and a low return on equity of 4.9, suggesting that investors may be cautious despite the recent uptick in price. The stock's liquidity remains adequate for trading, but falling investor participation, as indicated by a significant drop in delivery volume, could signal waning interest among investors.