Why is SPIC falling/rising?

As of 05-Sep, Southern Petrochemical Industries Corporation Ltd. is currently priced at 116.05, reflecting a decrease of 3.0, or 2.52%. The stock has been underperforming recently, having fallen for the last two consecutive days with a total decline of 5.54%. Today, it opened with a loss of 2.56% and reached an intraday low of Rs 115.15, while the intraday high was Rs 123.1. Despite a strong performance over the past month with a return of 26.22% and a year-to-date increase of 58.30%, the stock's recent decline is notable. Positive factors include a low Debt to EBITDA ratio of 1.18, strong operating profit growth, and increasing institutional investor participation, which collectively suggest a healthy long-term outlook. However, the stock's profits have fallen by 7.5% over the past year, which may be contributing to the current downward pressure on its price.
In the broader market context, the stock has outperformed the benchmark Sensex over various periods, including a 7.46% increase over the past week compared to the Sensex's 1.13%. However, the stock's recent performance has lagged behind the sector by 1.09%, indicating a potential shift in investor sentiment. The decline in delivery volume and the stock's opening gap down today suggest a decrease in investor confidence, despite the positive long-term growth indicators. This combination of short-term underperformance against the sector and declining investor participation may be influencing the stock's current price movement.