Why is J.G.Chemicals falling/rising?

As of 16-Jul, J.G.Chemicals Ltd's stock price is currently at 501.40, reflecting a decrease of 2.6 or 0.52%. The stock has underperformed its sector by 0.37% today, with a delivery volume that has fallen by 3.15% compared to the 5-day average. Despite this decline, the stock has shown strong performance over the past month, with a return of 23.77%, and an impressive 100.68% return over the past year. The company has reported positive financial results in the last three consecutive quarters, with a significant growth in profit after tax and net sales, indicating a strong operational performance. However, the long-term growth outlook appears weak, with net sales and operating profit growing at only 4.00% and 5.84% annually over the last five years, respectively.
In the broader market context, the stock's recent performance has outpaced the benchmark, with a 1-month return of 23.77% compared to the Sensex's 1.02%. Despite this, the stock's current decline may be influenced by the lack of domestic mutual fund investment, which could indicate a lack of confidence in the stock's valuation or business prospects. The overall market sentiment may also be affecting investor participation, as evidenced by the falling delivery volume. While J.G.Chemicals has demonstrated strong returns and attractive valuations, the concerns regarding its long-term growth potential and low mutual fund holdings may be contributing to the recent price decline.