Why is Rel. Chemotex falling/rising?

As of 21-Jul, Reliance Chemotex Industries Ltd is experiencing a slight decline in its stock price, currently at 188.20, down by 0.3 or 0.16%. The stock has shown mixed performance in recent periods, with a 1-week return of -1.85% and a 1-month return of +4.56%. Today's price summary indicates that the stock has outperformed its sector by 0.26%, and there has been a notable increase in investor participation, with delivery volume rising by 50.21% compared to the 5-day average. However, despite these positive indicators, the stock has underperformed significantly over the longer term, with a 1-year return of -18.97% and a 3-year return of -18.26%. The company has reported strong growth in profits recently, with a 176.7% increase in PAT, but it also faces challenges such as a high Debt to EBITDA ratio and a negative long-term growth trend in operating profits.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has shown a positive return of 5.20% year-to-date. While Reliance Chemotex has outperformed the sector in the short term, its long-term returns remain concerning, particularly given its consistent underperformance against the benchmark over the last three years. The stock's attractive valuation relative to peers and rising profits may provide some support, but the overall weak fundamentals and high debt levels suggest caution for investors.