Why is DMCC Speciality falling/rising?

As of 18-Aug, DMCC Speciality Chemicals Ltd is experiencing a decline in its stock price, currently at 328.80, which reflects a decrease of 14.1 points or 4.11%. Today, the stock opened with a gain of 2.01% but subsequently fell to an intraday low of Rs 327.75, indicating significant volatility. The stock has underperformed its sector by 5.13% today, and despite trading above its moving averages, the weighted average price suggests that more volume was traded closer to the low price. Over the past week, the stock has seen a slight decline of 0.38%, while its year-to-date performance shows a more substantial drop of 11.14%. However, the company has reported strong financial results, including a net profit growth of 466.42% and a low debt-to-EBITDA ratio, which could suggest underlying strength despite the current price drop.
In the broader market context, the Sensex has gained 0.83% over the past week, contrasting with DMCC's slight decline, indicating that the stock is not keeping pace with the overall market performance. While institutional investors have increased their stake in the company, reflecting confidence in its fundamentals, the stock's recent price movement suggests that investor participation is waning, as evidenced by a significant drop in delivery volume. Despite the company’s strong financial metrics and positive historical returns, the current market sentiment appears to be weighing heavily on the stock, leading to its recent decline.