Why is Hindcon Chemical falling/rising?

As of 10-Sep, Hindcon Chemicals Ltd is currently priced at 32.67, reflecting an increase of 0.16 or 0.49%. The stock's performance today is in line with its sector, although it is higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a decline in investor participation, with delivery volume falling by 17.05% compared to the 5-day average. Over the past year, the stock has significantly underperformed, with a return of -36.87%, while the company has experienced a decline in operating profit at an annual rate of -6.02% over the last five years. The stock is trading at a premium compared to its peers, with a price-to-book value of 3.2, indicating a very expensive valuation.
In the broader market context, the stock's short-term return of -0.43% over the past week contrasts with the Sensex, which has gained 1.04% during the same period. While the market has shown a positive trend, Hindcon Chemicals has struggled to keep pace, reflecting broader challenges faced by the company, including a significant drop in profits and a low return on capital employed (ROCE) of 10.70%. The stock's poor long-term growth prospects and the recent flat results further contribute to its underperformance relative to the market, highlighting a concerning trend for potential investors.