Why is Chemtech Indust. falling/rising?

As of 04-Jul, Chemtech Industrial Valves Ltd is currently priced at 120.75, reflecting a slight increase of 0.3 (0.25%). The stock has shown a positive performance today, outperforming its sector by 7.96% and has been gaining for the last two days, with a total return of 1.43% during this period. However, the stock has underperformed in the longer term, with a 1-week return of -4.88% and a year-to-date decline of -43.92%. Despite positive results in the latest six months, including a 46.43% growth in PAT and record net sales, the company faces challenges such as a high Debt to EBITDA ratio and a low Return on Equity (ROE) of 9.88%, contributing to its weak long-term fundamental strength.
Broader market context indicates that while the stock has struggled, the benchmark Sensex has shown a slight decline of only -0.74% over the past week and a positive return of 6.77% year-to-date. This stark contrast highlights Chemtech's significant underperformance relative to the broader market, particularly as it has generated a negative return of -37.42% over the past year, while the market has seen a modest gain. The stock's current trading at a discount compared to its peers' historical valuations may suggest potential for recovery, but its recent performance and fundamental weaknesses raise concerns for investors.