Why is Polychem falling/rising?

As of 22-Sep, Polychem Ltd's stock price is currently at 2,554.85, reflecting an increase of 44.85, or 1.79%. The stock has been on a positive trajectory, gaining for the last three days and achieving a total return of 4.64% during this period. Despite this recent uptick, the stock has shown a decline of 8.45% over the past month and a significant drop of 26.58% over the past year. The company maintains a low debt-to-equity ratio, which is a positive factor, while the majority of shareholders are promoters, indicating stable ownership. However, there has been a notable decrease in investor participation, with delivery volume falling by 91.49% against the 5-day average, which may raise concerns about liquidity and investor confidence.
In the broader market context, Polychem's recent performance has outpaced the Sensex, which has only increased by 0.46% over the past week. The stock's 1-week return of 2.19% indicates a stronger short-term performance relative to the benchmark. However, the stock's year-to-date performance is still lagging behind the Sensex, which has gained 5.15% during the same period. This contrast highlights the stock's volatility and the challenges it faces in maintaining investor interest despite recent gains.