Why is Kothari Petroche falling/rising?

As of 17-Sep, Kothari Petrochemicals Ltd is experiencing a decline in its stock price, currently at 153.16, which reflects a decrease of 1.77 or 1.14%. The stock has underperformed its sector today by 0.97% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 5.52%, and in the last month, it has fallen by 5.66%. Despite a healthy long-term growth rate in operating profit of 31.57% and a low debt-to-equity ratio, the stock has seen a significant decline of 31.27% over the past year, with profits decreasing by 5.5%. Additionally, the company has not attracted substantial domestic mutual fund investment, holding only 0.29%, which may indicate a lack of confidence in its current valuation.
In the broader market context, the Sensex has shown a positive return of 1.43% over the past week and 2.84% over the past month, contrasting sharply with Kothari Petrochemicals' negative returns. The stock's performance is notably worse than the market, as it has underperformed the BSE500 index, which recorded a negative return of 2.63% over the last year. This stark difference highlights the challenges Kothari Petrochemicals faces in gaining investor confidence, especially given its flat results in June and the lowest dividend payout, which may further deter potential investors.