Why is Denis Chem Lab falling/rising?

As of 26-Aug, Denis Chem Lab Ltd is experiencing a decline in its stock price, currently at 94.03, which reflects a decrease of 0.59 or 0.62%. The stock has been underperforming recently, with a consecutive fall over the last three days resulting in a total drop of 1.02%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has generated a significant negative return of 44.28% over the past year, with profits declining by 19.6%. Despite having a low debt-to-equity ratio and an attractive valuation, the company's poor long-term growth prospects, as evidenced by a modest annual growth rate in net sales and operating profit, contribute to the stock's downward movement.
In the broader market context, Denis Chem Lab's short-term performance has been worse than the benchmark, with a 1-week return of -1.95% compared to the Sensex's -1.05%. The stock's liquidity appears to be adequate, but a notable decrease in delivery volume suggests waning investor interest. Overall, the combination of disappointing financial results, a lack of growth momentum, and underperformance relative to the market has led to a negative sentiment surrounding the stock, resulting in its recent price decline.