Why is Diamines & Chem. falling/rising?

As of 04-Jul, Diamines & Chemicals Ltd is currently priced at 430.00, reflecting a decrease of 3.15 points or 0.73%. The stock has been underperforming, having fallen for the last two consecutive days with a total decline of 0.98%. Despite reaching an intraday high of Rs 447 earlier in the day, the stock's performance has been hindered by a significant drop in delivery volume, which fell by 81.22% compared to the five-day average. Over the past week, the stock has shown a modest gain of 1.36%, but it has significantly underperformed over the longer term, with a year-to-date decline of 12.27% and a staggering 29.40% drop over the past year. The company's financial health is concerning, as it has reported negative results for the last seven consecutive quarters, with a substantial decrease in operating profit and net sales.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 3.01% over the past month, Diamines & Chemicals Ltd's performance has been lackluster, particularly given its year-to-date decline. While the broader market has shown resilience, the stock's poor long-term growth, characterized by an annual operating profit decline of 54.32% over the last five years, has contributed to its negative trajectory. The stock is trading at a premium relative to its peers, which, combined with its low return on equity and significant profit declines, suggests that investor confidence is waning. This context of underperformance against both the market and its own historical performance indicates a challenging environment for the stock moving forward.