Why is Galaxy Surfact. falling/rising?

As of 31-Jul, Galaxy Surfactants Ltd is experiencing a decline in its stock price, currently at 2,656.20, reflecting a decrease of 36.45 points or 1.35%. Today's price summary indicates that the stock has underperformed its sector by 0.29% and has fallen after two consecutive days of gains. It opened significantly lower, with a loss of 19.04%, and reached an intraday low of Rs 2,180.05. Over the past week, the stock has shown a modest increase of 2.48%, but it has underperformed the benchmark Sensex, which declined by 1.22%. Despite a long-term positive trend with a 64.02% increase over five years, the stock has faced challenges, including a poor annual return of -10.30% over the last year and a consistent underperformance against the benchmark over the past three years. Factors contributing to this decline include a high valuation relative to peers, a low growth rate in net sales and operating profit, and a high PEG ratio of 27.1, indicating that the stock may be overvalued.
In the broader market context, while Galaxy Surfactants has shown positive returns in the short term, its performance is not keeping pace with the Sensex, which has gained 3.90% year-to-date. The stock's recent decline can be attributed to its inability to generate significant long-term growth, as evidenced by flat results reported in March 2025 and a low debt-to-equity ratio that, while favorable, does not compensate for the overall poor growth metrics. The rising investor participation, indicated by a 165.55% increase in delivery volume, suggests some interest in the stock, but the overall market sentiment remains cautious due to its historical underperformance and high valuation concerns.