Why is Chemtech Indust. falling/rising?

As of 19-Aug, Chemtech Industrial Valves Ltd is currently priced at Rs 110.40, reflecting an increase of Rs 2.25, or 2.08%. The stock has shown a positive performance today, outperforming its sector by 1.27% and achieving a consecutive gain over the last two days with a total return of 2.6%. Despite this short-term uptick, the stock has underperformed over the longer term, with a 1-month return of -7.23% and a year-to-date decline of -48.72%. Positive financial results reported on June 25, including the highest quarterly PBDIT at Rs 3.20 crore and an operating profit margin of 33.44%, suggest some operational strength. However, the company faces significant challenges, including a high Debt to EBITDA ratio of 3.81 times and a low average Return on Equity (ROE) of 9.88%, indicating weak long-term fundamental strength.
Broader market context shows that while the Sensex has gained 1.76% over the past week, Chemtech's stock has slightly declined by 0.09%, highlighting its underperformance relative to the broader market. Over the past year, the stock's return of -56.16% starkly contrasts with the Sensex's modest gain of 1.52%, indicating a significant divergence in performance. Additionally, the stock's liquidity appears to be declining, with a notable drop in delivery volume, which may further impact investor sentiment. Overall, while there are some positive indicators in recent performance, the long-term fundamentals and market context suggest ongoing challenges for Chemtech Industrial Valves Ltd.