Why is Punjab Chemicals falling/rising?

As of 01-Jul, Punjab Chemicals & Crop Protection Ltd is experiencing a decline in its stock price, currently at Rs 1,261.45, down by Rs 14.55 or 1.14%. Today's performance indicates that the stock underperformed its sector by 2.19%, with an intraday low of Rs 1,248.35. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. Over the past week, the stock has shown a return of 9.17%, outperforming the Sensex, which returned 2.00%. However, the stock has faced a decline of 12.95% over the past year, coinciding with a significant drop in profits of 22.1%. The company's low Debt to EBITDA ratio of 0.90 indicates a strong ability to service debt, and it is trading at a discount compared to its peers, which may provide some support for its valuation.
In the broader market context, while Punjab Chemicals has outperformed the Sensex in the short term, its long-term performance remains concerning, particularly with a negative return over the past year. The company's falling investor participation, evidenced by a 19.05% decrease in delivery volume, may be contributing to the current price decline. Despite the liquidity being sufficient for trading, the overall sentiment appears cautious, likely influenced by the recent profit drop and the stock's underperformance relative to its sector today.