Why is Chemcrux Enterp. falling/rising?

As of 11-Jul, Chemcrux Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 130.00, reflecting a decrease of Rs 1.0 or 0.76%. The stock has underperformed in the short term, with a 1-week return of -2.29% and a 1-month return of -7.08%. Today's performance indicates that the stock outperformed its sector by 0.59%, reaching an intraday high of Rs 134.5, which is a 2.67% increase. However, it is trading below all key moving averages, and there has been a significant drop in investor participation, with delivery volume falling by 61.92% compared to the 5-day average. The company has a low Debt to EBITDA ratio of 1.21, suggesting a strong ability to service debt, but it has also seen a substantial decline in profits, with a 50.4% drop over the past year.
In the broader market context, Chemcrux's performance has been notably weaker compared to the benchmark, with a year-to-date return of -23.12% against the Sensex's gain of 5.58%. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -44.92% in the past year. This consistent underperformance, coupled with poor long-term growth indicators such as a -9.65% annual decline in net sales and a -32.25% drop in operating profit over the last five years, contributes to a negative outlook for the stock. Despite trading at a discount compared to its peers, the overall negative financial results and declining sales further exacerbate the stock's downward trajectory.