Why is Link Pharma Chem falling/rising?

As of 14-Nov, Link Pharma Chem Ltd's stock price is currently at Rs 34.95, reflecting an increase of Rs 1.39 or 4.14%. The stock has opened with a gain today, outperforming its sector by 4.19%. It reached an intraday high of Rs 34.95 and has been trading in a narrow range of Rs 0.15. However, despite today's positive movement, the stock has shown a decline of 1.24% over the past month and a significant drop of 14.76% year-to-date. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 91.33% against the five-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Link Pharma Chem's short-term performance of +7.18% over the past week significantly outpaces the Sensex, which has only increased by 1.62% during the same period. However, the stock's longer-term performance remains weak, with declines of 14.76% year-to-date and 15.17% over the past year, contrasting sharply with the Sensex's gains of 8.22% and 9.00%, respectively. This suggests that while the stock is experiencing a short-term rebound, its overall trend remains negative compared to the broader market, highlighting potential challenges ahead for Link Pharma Chem Ltd.