Why is J.G.Chemicals falling/rising?

As of 11-Jul, J.G.Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 500.90, reflecting a decrease of Rs 17.05 or 3.29%. The stock has underperformed its sector by 1.94% today and has been on a downward trend for the last three days, accumulating a total drop of 4.36%. Despite a strong performance over the past year, where it generated a return of 99.32%, recent trading activity shows a decline in investor participation, with a 4.5% drop in delivery volume compared to the five-day average. The company has reported positive financial results over the last three quarters, with net sales growing by 26.45% and profit after tax increasing by 38.65%. However, concerns about long-term growth persist, as net sales have only grown at an annual rate of 4.00% over the last five years.
In the broader market context, J.G.Chemicals has outperformed the benchmark index, the Sensex, significantly in the past year, which has only seen a return of 3.26%. However, the stock's recent performance contrasts sharply with this long-term success, as it has fallen while the benchmark has shown a slight decline of 1.12% over the past week. This suggests that while the company has strong fundamentals and attractive valuations, the current market sentiment may be influenced by concerns over its long-term growth potential and the lack of domestic mutual fund investment, which could indicate a lack of confidence at current price levels.