Why is Diamines & Chem. falling/rising?

As of 14-Jul, Diamines & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 391.05, which represents a decrease of Rs 13.95 or 3.44%. The stock has underperformed its sector by 2.83% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 9.27%. Over the past week, the stock has seen a return of -7.79%, while it has performed slightly better over the past month with a return of +3.04%. However, the long-term outlook remains bleak, with a significant decline of -35.40% over the past year, compounded by negative financial results over the last seven consecutive quarters, including a -60.20% drop in PAT and a -38.97% fall in net sales.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has returned +1.40% over the past month and +5.27% year-to-date. The company's poor long-term growth, indicated by a -54.32% annual decline in operating profit over the last five years, coupled with a high Price to Book Value ratio of 2.4, suggests that the stock is trading at a premium compared to its peers. This, along with a low return on equity of 1.7 and a significant drop in profits by -82.4% over the past year, contributes to the negative sentiment surrounding the stock, leading to its current decline.