Why is Chemtech Indust. falling/rising?

As of 09-Sep, Chemtech Industrial Valves Ltd is experiencing a price increase, currently at Rs 105.00, reflecting a rise of Rs 4.85 or 4.84%. The stock has shown a performance today that outperformed its sector by 6.18%, reaching an intraday high of Rs 105.85, although it also touched a low of Rs 98. The stock's recent performance over the past week is flat at 0.00%, but it has declined by 6.25% over the past month and a significant 51.23% year-to-date. Despite these declines, the company reported positive results in June, with its highest quarterly PBDIT at Rs 3.20 crore and an operating profit to net sales ratio of 33.44%. However, the stock is viewed as a strong sell due to weak long-term fundamentals, highlighted by a low return on equity of 9.88% and a high debt to EBITDA ratio of 3.81 times. In the broader market context, the stock's short-term performance has been flat compared to the Sensex, which has gained 1.18% over the past week. While Chemtech has outperformed its sector today, its long-term performance remains concerning, with a staggering decline of 60.99% over the past year, underperforming the BSE500 index. The stock's valuation appears expensive with a price to book value of 2.1, and despite a 58% increase in profits over the past year, the stock's negative returns indicate a lack of investor confidence. The falling investor participation, as evidenced by a 5.3% drop in delivery volume, further underscores the challenges the company faces in regaining market trust.