Why is Hindcon Chemical falling/rising?

As of 19-Sep, Hindcon Chemicals Ltd is experiencing a slight decline in its stock price, currently at 32.35, down by 0.04 or 0.12%. The stock's performance today is in line with its sector, but it is trading higher than its 5-day moving averages while remaining lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 1.38%, although it has seen a significant decline of 6.15% over the past month and a staggering 27.53% year-to-date. The company has a low debt-to-equity ratio, which is a positive factor; however, it has faced poor long-term growth, with operating profit declining at an annual rate of 6.02% over the last five years. Additionally, the stock's valuation appears expensive compared to its peers, trading at a premium with a price-to-book value of 3.1.
In the broader market context, while the Sensex has gained 0.85% over the past week, Hindcon Chemicals has underperformed with a 1.38% increase. The stock has generated a return of -36.24% over the past year, significantly worse than the BSE500's decline of -1.96%. This underperformance is compounded by a drop in investor participation, with delivery volume falling by 50.11% against the 5-day average, indicating reduced interest from investors. The company's flat results in June, with a PAT decline of 38.51%, and a low return on capital employed (ROCE) of 10.70% further contribute to the negative sentiment surrounding the stock.