Why is J B Chemicals & falling/rising?

As of 25-Jun, J B Chemicals & Pharmaceuticals Ltd is experiencing a decline in its stock price, currently at Rs 1,792.00, which reflects a decrease of Rs 13.0 or 0.72%. Despite a positive trend earlier in the week, where the stock had gained 4.02% over the past week and 5.23% over the past month, it has recently underperformed its sector by 1.77%. The stock opened with a gain of 2.49% today and reached an intraday high of Rs 1,849.95, but has since fallen after three consecutive days of gains. Additionally, the stock is trading above its moving averages, indicating a generally positive trend, but a significant drop in investor participation, with delivery volume decreasing by 36.9% compared to the five-day average, suggests waning interest. The company maintains a high return on equity (ROE) of 19.49% and a low debt-to-equity ratio of 0.02, which are positive indicators of management efficiency and financial health.
In the broader market context, J B Chemicals has shown a year-to-date decline of 2.81%, contrasting with the Sensex, which has increased by 5.91% during the same period. While the stock has performed well over the long term, with a 130.42% increase over three years and a remarkable 415.98% rise over five years, its recent performance indicates a struggle to maintain momentum in the short term. The stock's recent underperformance relative to the benchmark and the sector, coupled with a decrease in trading volume, may contribute to the current downward pressure on its price.