Why is Chemfab Alka. falling/rising?

As of 07-Nov, Chemfab Alkalis Ltd is experiencing a decline in its stock price, currently at Rs. 555.00, reflecting a decrease of Rs. 17.6 or 3.07%. The stock has hit a new 52-week low of Rs. 545.95 today and has been on a downward trend, losing 9.03% over the last five days. It has underperformed its sector by 3.11% today and is trading below all key moving averages, indicating weak momentum. The company has reported negative results for the last ten consecutive quarters, with a significant fall in net sales of 16.36% and a drastic decline in profit after tax. Additionally, the stock's return over the past year is a staggering -45.89%, while its operating profit has decreased at an annual rate of 6.47% over the last five years, contributing to a perception of poor long-term growth.
In the broader market context, Chemfab Alkalis Ltd's recent performance contrasts sharply with the benchmark, as the Sensex has gained 1.57% over the past month, while the stock has dropped 8.72% in the same timeframe. This underperformance is further highlighted by the fact that the stock has generated negative returns of -45.89% over the past year, while the broader market has seen a modest increase of 2.78%. The low participation from domestic mutual funds, holding only 0.25% of the company, suggests a lack of confidence in the stock's valuation and future prospects, further exacerbating its decline in price.