Why is Daikaffil Chem falling/rising?

As of 30-Jun, Daikaffil Chemicals India Ltd is currently priced at 160.50, reflecting a decrease of 1.2 points or 0.74%. Today's price summary indicates that the stock opened significantly lower, with a loss of 7.85%, and reached an intraday low of Rs 149. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 6.29% and 14.03% respectively. However, the company is facing challenges, including operating losses and a weak ability to service its debt, which contribute to its classification as a strong sell. On a positive note, promoter confidence has increased, with a 1.4% rise in their stake, indicating belief in the company's future.
In the broader market context, while Daikaffil Chemicals has underperformed its sector today by 0.44%, it has outperformed the benchmark Sensex over the past year, generating a return of 31.63% compared to the market's 5.79%. This discrepancy highlights that while the stock has had a strong yearly performance, recent trading conditions have led to a decline in price. The stock's liquidity remains adequate for trading, and rising investor participation suggests some level of interest despite the current downturn.