Why is Polychem falling/rising?

As of 16-Sep, Polychem Ltd's stock price is currently at 2,470.00, reflecting a decline of 30.0 points or 1.2%. The stock has underperformed its sector today by 1.7%, despite reaching an intraday high of Rs 2,579.8, which represents a 3.19% increase at that peak. Over the past week, the stock has decreased by 4.63%, and it has shown a year-to-date decline of 6.62%. The company's delivery volume has also fallen significantly, with a decrease of 18.44% compared to the 5-day average, indicating reduced investor participation. While the company maintains a low debt-to-equity ratio, which is generally a positive factor, the recent performance metrics suggest a challenging environment for the stock.
In the broader market context, Polychem's recent performance contrasts sharply with the Sensex, which has increased by 1.58% over the past week and 5.43% year-to-date. This divergence highlights the stock's struggles relative to the overall market. The stock's moving averages indicate that it is currently lower than the 5-day, 20-day, and 50-day averages, which may further contribute to investor concerns. Overall, while the company has solid fundamentals, the recent price movements and declining investor interest suggest that Polychem is facing headwinds that are impacting its stock performance negatively.