Why is Fineotex Chem falling/rising?

As of 23-Sep, Fineotex Chemical Ltd is experiencing a decline in its stock price, currently at 234.15, which reflects a decrease of 2.25 or 0.95%. The stock has underperformed its sector today by 0.39%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 37.55% compared to the 5-day average. Over the past year, the stock has generated a return of -38.54%, while its profits have decreased by 15.2%. The company has also reported negative results for the last three consecutive quarters, contributing to a perception of weakness in its financial performance.
In the broader market context, Fineotex Chemical Ltd's short-term return of -2.27% over the past week contrasts sharply with the Sensex, which has only declined by 0.34%. This consistent underperformance against the benchmark over the last three years, coupled with a decrease in institutional investor participation, indicates a lack of confidence among more knowledgeable investors. While the company boasts high management efficiency and healthy long-term growth in operating profit, the negative quarterly results and high valuation metrics suggest that these positive factors are not sufficient to counterbalance the prevailing negative sentiment surrounding the stock.