Why is Clean Science falling/rising?

As of 24-Jul, Clean Science & Technology Ltd is experiencing a decline in its stock price, currently at Rs 1,280.00, reflecting a decrease of Rs 24.6 or 1.89%. The stock has underperformed its sector by 1.74% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 1,278, which is a 2.04% drop. Additionally, the stock has shown a significant decline over various periods, with a 1-week return of -11.64% and a 1-year return of -13.34%. The company has also seen a notable decrease in investor participation, with delivery volume falling by 61.08% against the 5-day average. Despite having a high return on equity (ROE) of 24.48% and a low debt-to-equity ratio, the company faces challenges such as poor long-term growth and a high price-to-book value, contributing to its recent price decline.
In the broader market context, the stock's performance has been significantly weaker than the benchmark, with the Sensex showing a slight increase of 0.16% over the past month, while Clean Science has declined by 11.97%. Over the last three years, the stock has consistently underperformed against the benchmark, generating negative returns compared to the BSE500. This consistent underperformance, coupled with flat results and high valuation metrics, suggests that investor sentiment is cautious, leading to the stock's current downward trajectory.