Why is Chemtech Indust. falling/rising?

As of 20-Aug, Chemtech Industrial Valves Ltd is experiencing a decline in its stock price, currently at 110.00, reflecting a decrease of 0.4 or 0.36%. The stock has fallen after two consecutive days of gains, and its performance today is in line with the sector. Over the past week, the stock has decreased by 0.90%, and it has significantly underperformed over the past month and year, with returns of -7.56% and -57.17%, respectively. The stock's moving averages indicate a mixed trend, being higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 24.07% against the 5-day average. The company has shown some positive results in its recent quarterly performance, but it faces challenges with weak long-term fundamentals, including a high Debt to EBITDA ratio and a low Return on Equity.
In the broader market context, the stock's performance has been significantly worse than the benchmark, with the Sensex gaining 1.64% over the past week while Chemtech's stock has declined. This stark contrast highlights the stock's struggles, particularly as it has underperformed the market over the last year, where the BSE500 index recorded a negative return of only -1.20%. Despite the company's profits rising by 58% over the past year, the stock has not reflected this growth, leading to a very expensive valuation relative to its peers. The combination of weak long-term fundamentals and poor recent performance compared to the market has contributed to the stock's downward movement.