Why is Chemtech Indust. falling/rising?

As of 25-Jul, Chemtech Industrial Valves Ltd is experiencing a decline in its stock price, currently at Rs 117.00, which represents a decrease of 1.0 (-0.85%). The stock has been losing value for the last two days, with a total return of -1.68% over the past week. Despite opening with a gain of 2.54% today and reaching an intraday high of Rs 121, it also touched a low of Rs 113.7, indicating significant volatility. The stock has underperformed against the benchmark Sensex, which has only declined by 0.36% over the same week. Additionally, the company's recent financial performance shows a positive growth in net sales and profit after tax, but it faces challenges such as a high debt to EBITDA ratio and a low return on equity, contributing to its weak long-term fundamental strength.
Broader market context reveals that Chemtech Industrial Valves Ltd has significantly underperformed the market over the past year, with a return of -31.18% compared to the Sensex's positive return of 1.78%. This stark contrast highlights the stock's struggles in a generally recovering market. Furthermore, the overall trading environment for the sector has seen a decline of 2.01%, which may reflect broader investor sentiment affecting Chemtech's performance. The falling investor participation, as indicated by a decrease in delivery volume, suggests a lack of confidence among investors, further exacerbating the stock's downward trend.