Why is PCBL Chemical falling/rising?

As of 17-Jul, PCBL Chemical Ltd is currently priced at 422.80, reflecting a decrease of 4.7 or 1.1%. The stock has underperformed its sector by 0.4% today and has experienced a trend reversal after two consecutive days of gains. Notably, the stock's delivery volume has significantly decreased by 60.43% compared to the five-day average, indicating falling investor participation. While the stock has shown strong long-term growth with a 44.82% return over the past year, it has also faced challenges, including a recent decline in profits by 11.4%. Institutional investors have increased their stake, suggesting a positive outlook from more sophisticated market participants, but the recent negative quarterly results may be contributing to the current price drop.
In the broader market context, the stock's one-week return of -2.67% contrasts with the Sensex's decline of only 1.12%, indicating a weaker performance relative to the benchmark. However, over the past month, PCBL Chemical has outperformed the Sensex with a return of 7.94% compared to the index's 0.83%. This suggests that while the stock is facing short-term pressures, it has shown resilience and growth potential in the longer term, as evidenced by its substantial returns over the past three years.