Why is NGL Fine Chem falling/rising?

As of 15-Jul, NGL Fine Chem Ltd's stock price is currently at Rs 1,373.40, reflecting an increase of Rs 65.4 or 5.0%. The stock has shown strong performance today, outperforming its sector by 3.75% and opening with a gain of 2.06%. It reached an intraday high of Rs 1,373.40, and there has been a significant increase in investor participation, with delivery volume rising by 380.36% compared to the 5-day average. However, despite this positive short-term movement, the company has experienced poor long-term growth, with operating profit growing at an annual rate of only 14.38% over the last five years. Additionally, the stock has generated a return of -49.23% over the past year, with profits declining by -49.6%, indicating underlying financial challenges.
In the broader market context, NGL Fine Chem's short-term return of +31.41% over the past month contrasts sharply with the Sensex, which has only increased by +1.79% during the same period. However, the stock has consistently underperformed against the benchmark over the last three years, with a significant decline in returns compared to the BSE500. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's valuation and business prospects, further contributing to its overall underperformance in the market.