Why is Chemplast Sanmar falling/rising?

As of 25-Sep, Chemplast Sanmar Ltd is experiencing a decline in its stock price, currently at 415.15, which represents a decrease of 4.75 or 1.13%. The stock has underperformed its sector by 1.34% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 3.42% during this period. Additionally, the stock has shown negative returns over various time frames, including a 1-week decline of 3.17% and a year-to-date drop of 16.80%. The company has also reported negative results for the last four consecutive quarters, with significant losses in both profit before tax and operating profit, contributing to a high Debt to EBITDA ratio of 8.50 times, indicating a low ability to service debt.
In the broader market context, Chemplast Sanmar's performance has been notably weaker than the benchmark, with a 1-year return of -19.68% compared to the Sensex's -4.71%. This consistent underperformance over the last three years, coupled with a decline in investor participation—evidenced by a 69.72% drop in delivery volume against the 5-day average—suggests a lack of confidence among investors. Despite having high management efficiency and institutional holdings, the company's poor long-term growth prospects and negative operating profits have overshadowed these positive factors, leading to its current stock price decline.