Why is Denis Chem Lab falling/rising?

As of 19-Aug, Denis Chem Lab Ltd's stock price is currently at 95.90, reflecting a slight increase of 0.21 or 0.22%. The stock has shown a trend reversal by gaining after two consecutive days of decline, although it has underperformed its sector by 2.13%. In the past week, the stock has risen by 4.89%, while over the last month, it has decreased by 4.72%. Despite a significant year-to-date decline of 43.00%, the company maintains a low debt-to-equity ratio of 0.02 and a return on equity of 10.3, indicating a potentially attractive valuation. However, the stock's performance has been hindered by a 19.6% drop in profits over the past year and a flat PAT growth of -33.68% in the latest six months.
Broader market context indicates that while Denis Chem Lab has experienced a short-term gain, it has significantly lagged behind the benchmark Sensex, which has risen by 1.76% in the past week. The stock's long-term growth prospects appear poor, with net sales growing at an annual rate of only 7.07% over the last five years, and it has underperformed the BSE500 across various time frames. The recent decline in investor participation, evidenced by a 5.31% drop in delivery volume, further suggests a lack of confidence among investors, contributing to the stock's challenges in the broader market landscape.