Why is Chemfab Alka. falling/rising?

As of 07-Jul, Chemfab Alkalis Ltd is experiencing a slight decline in its stock price, currently at 804.00, reflecting a decrease of 1.0 or 0.12%. The stock has shown a strong performance over the past week and month, with returns of 4.93% and 6.66%, respectively, while it has outperformed the BSE500 over the last three years. However, today's trading indicates a drop in investor participation, with a 14.9% decrease in delivery volume compared to the five-day average. Despite consistent returns over the past year, the company has faced negative results for the last eight consecutive quarters, leading to a significant decline in profits by 88.8%. This combination of strong historical performance and recent financial struggles contributes to the stock's current downward movement.
In the broader market context, Chemfab Alkalis Ltd's recent performance contrasts with the Sensex, which has seen a slight decline of 0.20% over the past week. While the stock has outperformed the benchmark in the long term, its year-to-date performance shows a substantial decline of 22.05%, indicating that investors may be cautious given the company's negative earnings reports and low domestic mutual fund interest. The stock's valuation appears expensive compared to its peers, further complicating its attractiveness to investors. Overall, the combination of strong historical returns and recent financial challenges is influencing the stock's current price movement.