Why is Ishan Dyes falling/rising?

As of 23-Jul, Ishan Dyes and Chemicals Ltd is currently priced at 61.90, reflecting a decrease of 0.95, or 1.51%. The stock has underperformed its sector today by 0.65%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Ishan Dyes has generated a return of 16.79%, significantly outperforming the broader market's return of 1.79%. However, the stock has seen a notable decline in investor participation, with delivery volume dropping by 80.7% compared to the 5-day average. While the company boasts an attractive valuation and has shown profit growth of 86% over the past year, it also faces challenges such as weak long-term fundamental strength and low profitability per unit of shareholders' funds.
In the broader market context, the stock's recent performance can be viewed in light of its short-term return, which has been positive at 0.81% over the past week, compared to a modest 0.11% gain in the Sensex. Despite this, the significant drop in delivery volume may indicate waning investor interest, which could contribute to the stock's current decline. The company's weak long-term growth in operating profits and low return on equity further complicate its outlook, suggesting that while it has performed well recently, underlying fundamentals may be causing concern among investors.