Why is Hindcon Chemical falling/rising?

As of 16-Sep, Hindcon Chemicals Ltd's stock price is currently at 32.21, reflecting an increase of 0.45 or 1.42%. Despite this recent uptick, the stock has shown a negative performance over the past week, down 0.92%, and has significantly underperformed over the past month and year, with declines of 4.05% and 37.30%, respectively. Today's trading activity indicates a positive trend in investor participation, with delivery volume rising by 102.34% against the 5-day average. However, the stock is trading below all key moving averages, suggesting a bearish trend. The company maintains a low debt-to-equity ratio, which is a positive factor, but its poor long-term growth, with an annual operating profit decline of 6.02% over the last five years, raises concerns.
In the broader market context, while the Sensex has gained 1.49% over the past week, Hindcon Chemicals has lagged behind, indicating a significant underperformance relative to the benchmark. The stock's valuation appears expensive compared to its peers, with a price-to-book ratio of 3.1, and its return on equity is low at 7.2%. Furthermore, the company's profits have decreased by 22.6% over the past year, contributing to its negative stock performance. Overall, while there is a slight rise in the stock price today, the long-term outlook remains challenging, as evidenced by its substantial declines in both short-term and long-term returns compared to the broader market.