Why is Denis Chem Lab falling/rising?

As of 28-Aug, Denis Chem Lab Ltd's stock price is currently at 93.52, reflecting a decrease of 0.51, or 0.54%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 1.56% over the past week. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating weak momentum. Additionally, investor participation has decreased significantly, with delivery volume dropping by 68.5% compared to the 5-day average. Over the past year, the stock has generated a return of -44.30%, while profits have declined by 19.6%. Despite having a low debt-to-equity ratio and an attractive valuation, these negative performance indicators contribute to the stock's recent decline.
In the broader market context, Denis Chem Lab's short-term performance has outperformed the benchmark Sensex by 0.85%, despite the stock's overall negative returns. The Sensex has seen a decline of 2.34% over the past week, while Denis Chem Lab's performance has been relatively better. However, the stock has underperformed the BSE500 over the last three years, one year, and three months, indicating a concerning trend in its long-term growth prospects. The company's flat results and below-par performance in both the near and long term further exacerbate the challenges it faces in regaining investor confidence.