Why is NGL Fine Chem falling/rising?

As of 24-Jul, NGL Fine Chem Ltd is experiencing a decline in its stock price, currently at 1,273.00, which reflects a decrease of 5.6 or 0.44%. The stock has underperformed its sector by 0.79% today, and its delivery volume has significantly dropped by 80.81% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a substantial decline of 9.65%, while it has shown a positive return of 24.93% over the past month. However, the longer-term performance is concerning, with a year-to-date return of -29.28% and a staggering -50.29% over the past year. The company's operating profit growth has been poor, and recent financial results show a significant decline in profit after tax and profit before tax, contributing to a negative outlook.
In the broader market context, the Sensex has remained relatively stable, with only a slight increase of 0.16% over the past month, contrasting with NGL Fine Chem's strong monthly performance. However, the stock has consistently underperformed against the benchmark over the last three years, generating negative returns in each of the last three annual periods. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in its valuation and business prospects. Overall, the combination of poor financial performance, declining investor interest, and consistent underperformance against the market has led to the stock's current downward movement.