Why is J.G.Chemicals falling/rising?

As of 25-Jul, J.G.Chemicals Ltd's stock price is currently at 478.30, reflecting a decrease of 10.8 points or 2.21%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.25% during this period. Today's performance indicates that the stock has underperformed its sector by 0.91%, with an intraday low of Rs 467.65. Although the stock has shown strong performance over the past year with an 84.89% return, recent trends indicate a decline in investor participation, as evidenced by a significant drop in delivery volume. Additionally, while the company has reported positive financial results in recent quarters, the long-term growth outlook appears weak, with net sales growing at only 4.00% annually over the last five years.
In the broader market context, J.G.Chemicals' short-term performance has been notably poor compared to the benchmark, with a 1-week return of -5.93% against the Sensex's decline of just 0.36%. Despite the company's strong historical performance, the lack of domestic mutual fund investment may reflect a cautious sentiment among institutional investors regarding the stock's current valuation and growth prospects. The overall market has shown negative returns, but J.G.Chemicals has managed to outperform significantly over the past year, suggesting that while the stock is currently facing challenges, its long-term potential remains attractive to some investors.