Why is PCBL Chemical falling/rising?

As of 14-Jul, PCBL Chemical Ltd's stock price is currently at 415.00, reflecting a decrease of 7.25, or 1.72%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 4.47%. It has also touched an intraday low of Rs 412.75. In terms of returns, the stock has shown a 3.49% increase over the past week, but it has a year-to-date decline of 7.77%. Despite a strong performance over the past year with a return of 50.96%, the company's profits have decreased by 11.4%, which may be contributing to the current downward pressure on the stock price. Additionally, there has been a decline in investor participation, with delivery volume dropping by 11.43% against the five-day average.
In the broader market context, while the Sensex has experienced a slight decline of 1.42% over the past week, PCBL Chemical's short-term performance has been relatively better. However, the stock's recent struggles are compounded by negative quarterly results, including a fall in profit after tax and the lowest PBDIT in the last four quarters. On a positive note, institutional investors have increased their stake, indicating confidence in the company's long-term growth potential, as evidenced by a healthy annual growth rate in net sales and operating profit. Nonetheless, the combination of falling profits and declining investor participation suggests a cautious outlook for the stock in the near term.