Why is Chemfab Alka. falling/rising?

As of 05-Jun, Chemfab Alkalis Ltd is experiencing a decline in its stock price, currently at 756.20, which reflects a decrease of 2.85 or 0.38%. The stock has underperformed its sector by 1.17% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 7.56%, and it has also shown a significant year-to-date decline of 26.69%. Despite generating a return of 36.94% over the past year, the company has reported negative results for the last eight consecutive quarters, with a substantial drop in profit after tax. This negative performance, combined with a high debt-to-equity ratio and a bearish technical trend, has contributed to the stock's recent downward movement.
In the broader market context, the Sensex has only decreased by 0.23% over the past week, indicating that Chemfab Alkalis Ltd's decline is more pronounced than the overall market. While the stock has shown strong returns over the past three years, its recent performance contrasts sharply with the benchmark, which has gained 4.23% year-to-date. The low participation from domestic mutual funds, holding only 0.25% of the company, suggests a lack of confidence in the stock's current valuation, further exacerbating its decline. Overall, the combination of poor financial results, negative investor sentiment, and underperformance relative to the market has led to the stock's falling price.