Why is J.G.Chemicals falling/rising?

As of 12-Sep, J.G.Chemicals Ltd's stock price is currently at Rs 471.10, reflecting an increase of Rs 1.1 or 0.23%. The stock has underperformed its sector by 0.65% today, despite reaching an intraday high of Rs 481.5, which represents a 2.45% increase at that peak. Over the past week, the stock has gained 0.35%, but it has seen a decline of 5.37% over the last month. Notably, the company's return on equity (ROE) stands at 13.8%, and it has generated a 7.14% return over the past year, while profits have surged by 99%. The stock's low debt-to-equity ratio and attractive valuation with a price-to-book value of 4 contribute positively to its performance, although falling investor participation, as indicated by a 10.26% drop in delivery volume, may be a concern.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has increased by 1.48% over the past week and 2.08% over the last month. While J.G.Chemicals has outperformed the broader market on a year-to-date basis with a 16.32% increase compared to the Sensex's 4.82%, its short-term underperformance today and over the past month suggests a divergence from the overall market trend. The stock's liquidity remains adequate for trading, but the recent decline in delivery volume could indicate waning investor interest, which may affect future price movements.