Why is Chemcon Special. falling/rising?

As of 05-Aug, Chemcon Speciality Chemicals Ltd is currently priced at 238.00, reflecting a decrease of 1.15 or 0.48%. Today, the stock opened with a loss of 2.47% and has underperformed its sector by 0.86%. Throughout the day, it reached a high of Rs 244.9 and a low of Rs 233.25, with trading volume skewed towards the lower price. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has seen a significant drop in investor participation, with delivery volume down by 24.52% compared to the 5-day average. Over the past week, the stock has performed well, gaining 12.42%, but it has struggled over the longer term, with a 1-year return of -6.61% and a 3-year return of -28.65%.
In the broader market context, the Sensex has decreased by 0.77% over the past week, while Chemcon's strong short-term performance contrasts with the benchmark's decline. However, the stock's year-to-date performance of 5.12% is still below the Sensex's gain of 3.29%. This indicates that while Chemcon has shown resilience in the short term, its longer-term performance remains concerning, particularly in comparison to the benchmark. The lack of positive factors in the dashboard further suggests that the stock may be facing challenges that could hinder its recovery in the near future.