Why is Chemcrux Enterp. falling/rising?

As of 09-Jul, Chemcrux Enterprises Ltd is experiencing a decline in its stock price, currently at 129.50, reflecting a decrease of 0.5 or 0.38%. The stock has underperformed its sector by 0.36% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.36% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Chemcrux has generated a return of -46.64%, with profits falling by 50.4%, indicating significant challenges in its financial performance. Despite having a low Debt to EBITDA ratio of 1.21 times and a fair valuation compared to peers, the company has shown poor long-term growth, with net sales declining at an annual rate of -9.65%.
In the broader market context, Chemcrux's short-term performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 0.15% over the past week. The stock's year-to-date decline of 23.42% further highlights its struggles compared to the Sensex's positive return of 6.91%. This underperformance is compounded by negative results reported in March, including a significant drop in net sales and profit after tax. Overall, the combination of declining sales, poor profit margins, and a lack of growth prospects has contributed to the stock's downward trajectory in a market that is otherwise showing some resilience.