Why is Diamines & Chem. falling/rising?

As of 08-Jul, Diamines & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 418.00, which reflects a decrease of Rs 6.1 or 1.44%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 3.74% during this period. Today's trading saw the stock reach an intraday high of Rs 433.5 and a low of Rs 405.4, indicating significant volatility. Additionally, the stock has shown poor long-term growth, with operating profit decreasing at an annual rate of 54.32% over the last five years, and it has reported negative results for the last seven consecutive quarters. This has contributed to a substantial underperformance of -34.13% over the past year, compared to the market's average return of 1.98%.
In the broader market context, the stock's recent performance has been notably weaker than the benchmark, as it has underperformed the Sensex, which has shown a slight increase of 0.02% over the past week. While there has been a rise in investor participation, with delivery volume increasing by 97.42% against the five-day average, the overall sentiment remains negative due to the company's financial struggles and high valuation compared to its peers. The stock's liquidity is adequate for trading, but the persistent decline in profits and negative growth indicators suggest that investor confidence is waning, leading to the current downward trend in its stock price.