Why is Navin Fluo.Intl. falling/rising?

As of 01-Aug, Navin Fluorine International Ltd is experiencing a decline in its stock price, currently at 5,010.00, which reflects a decrease of 32.65 points or 0.65%. The stock has been under pressure, having fallen for the last two days with a cumulative drop of 3.55%. Despite this recent downturn, the stock has outperformed its sector today by 1.31%. Over the past month, it has shown a positive return of 2.63%, while year-to-date, it has significantly outperformed the benchmark with a 54.31% increase compared to the Sensex's 3.15%. The company has demonstrated strong financial performance, including a remarkable net profit growth of 128.85% and a high return on capital employed (ROCE) of 16.05%. However, concerns about long-term growth persist, as operating profit growth has been relatively modest at an annual rate of 18.77% over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has managed to generate a positive return of 35.55% over the past year, while the Sensex has declined by 1.55%. The chemicals sector, in which Navin Fluorine operates, has also faced challenges, with a decline of 2.02%. Despite the stock's recent struggles, it remains liquid enough for trading, with a significant increase in delivery volume, indicating rising investor participation. Overall, while the stock has shown strong historical performance and financial metrics, its recent price decline may be attributed to short-term market pressures and concerns about its growth sustainability.