Why is Kothari Petroche falling/rising?

As of 16-Sep, Kothari Petrochemicals Ltd is currently priced at 154.93, reflecting a decrease of 1.59, or 1.02%. The stock has underperformed in the short term, with a 1-week return of -4.70% and a 1-month return of -4.57%. Today's performance indicates that it has outperformed its sector by 0.68%, but it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite a low debt-to-equity ratio and healthy long-term growth in operating profit, the stock has seen a significant decline of -33.07% over the past year, coinciding with a -5.5% drop in profits. Additionally, the company's low dividend payout and minimal domestic mutual fund investment suggest a lack of confidence in its current valuation.
Broader market context indicates that while Kothari Petrochemicals has struggled, the benchmark Sensex has shown resilience with a 1-week gain of +1.49% and a 1-month gain of +2.47%. The stock's year-to-date performance is notably poor at -20.24%, contrasting sharply with the Sensex's positive return of +6.74%. This disparity highlights the stock's significant underperformance relative to the broader market, further contributing to investor concerns and the stock's declining price.