Why is Kronox Lab falling/rising?

As of 03-Jul, Kronox Lab Sciences Ltd is experiencing a decline in its stock price, currently at Rs 193.50, which reflects a decrease of Rs 1.65 or 0.85%. Today's price summary indicates that the stock opened with a loss of 2.64% and reached an intraday low of Rs 189.3, representing a 3% drop. Despite this, the stock has shown a positive performance over the past year with a return of 25.24%, significantly outperforming the market benchmark, which returned only 2.20%. However, concerns regarding the company's long-term growth are evident, as net sales have only grown at an annual rate of 6.80% over the last five years, and recent quarterly results have shown the lowest operating profit margins and net sales figures.
In the broader market context, while Kronox Lab's short-term performance has been negative, it has outperformed the benchmark index over the past year. The Sensex has shown a decline of 0.62% over the past week, while Kronox Lab has increased by 3.64% in the same timeframe, indicating a strong relative performance despite today's downturn. The stock's liquidity remains adequate, and rising investor participation suggests some underlying interest, although the lack of domestic mutual fund investment may indicate caution among institutional investors regarding the stock's valuation and growth prospects.