Why is Nocil falling/rising?

As of 03-Jul, Nocil Ltd. is experiencing a decline in its stock price, currently at 197.30, reflecting a decrease of 0.7 or 0.35%. Today's performance indicates that the stock has underperformed its sector by 0.32%. The stock's recent returns show a 5.14% increase over the past week, but it has significantly underperformed over the longer term, with a year-to-date decline of 19.04% and a one-year drop of 32.37%. The company has a low Debt to Equity ratio, which is a positive factor; however, it faces challenges such as poor long-term growth, with operating profit decreasing at an annual rate of 10.39% over the last five years. Additionally, recent financial results indicate a significant drop in profit after tax and return on capital employed, contributing to its expensive valuation relative to peers.
In the broader market context, while Nocil has shown a positive return over the past week, it has lagged behind the benchmark Sensex, which has seen a slight decline of 0.62% in the same period. The stock's consistent underperformance against the benchmark over the last three years, coupled with a significant drop in investor participation, suggests a lack of confidence among investors. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its financial performance and valuation compared to peers continues to weigh heavily on its price movement.