Why is Gujarat Fluoroch falling/rising?

As of 28-Oct, Gujarat Fluorochemicals Ltd is experiencing a decline in its stock price, currently at 3,592.85, reflecting a decrease of 9.5 points or 0.26%. The stock has been underperforming recently, with a consecutive fall over the last four days, resulting in a 4.02% drop in the past week. Although the company has shown strong financial performance with positive results for the last three consecutive quarters, including record net sales and operating profit margins, it faces challenges such as a high valuation indicated by a 4.6 Enterprise value to Capital Employed ratio and a decreasing promoter stake, which may signal reduced confidence in the company's future.
In the broader market context, Gujarat Fluorochemicals Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.24% over the past week. The stock has also underperformed significantly on a year-to-date basis, with a decline of 14.27% compared to the Sensex's increase of 8.30%. This underperformance is compounded by the company's long-term returns, which have been negative over the past year and three years, further indicating a challenging environment for the stock despite its strong fundamentals.