Why is PCBL Chemical falling/rising?

As of 02-Jul, PCBL Chemical Ltd is currently priced at 414.10, reflecting a slight increase of 0.05 (0.01%). The stock has outperformed its sector today by 0.31%, although it has shown a decline of 0.20% over the past week. In terms of longer-term performance, the stock has increased by 4.20% over the past month and has generated a significant return of 61.79% over the past year. However, it is important to note that the stock has experienced a year-to-date decline of 7.97%. Despite a healthy long-term growth rate in net sales and operating profit, the stock's profits have fallen by 11.4%, which may contribute to investor caution. Additionally, while institutional investors have increased their stake, indicating confidence in the company's fundamentals, the recent drop in delivery volume by 62.13% against the 5-day average suggests a decrease in retail investor participation.
In the broader market context, the Sensex has risen by 0.79% over the past week, contrasting with PCBL's slight decline. Over the past month, the Sensex has increased by 2.50%, which is less than PCBL's 4.20% gain, indicating that the stock has been relatively strong in the short term compared to the benchmark. However, the stock's year-to-date performance is underwhelming compared to the Sensex's 6.75% increase, which may reflect broader market trends affecting investor sentiment. Overall, while PCBL Chemical Ltd has shown resilience with strong historical returns and institutional interest, recent profit declines and reduced retail participation may be contributing to a cautious outlook among investors.