Why is SPIC falling/rising?

As of 15-Sep, Southern Petrochemical Industries Corporation Ltd. is experiencing a decline in its stock price, currently at 106.55, reflecting a decrease of 0.75 or 0.7%. The stock has been underperforming, having lost 13.27% over the last eight days, and it is currently underperforming its sector by 1.17%. Despite having a strong long-term growth outlook, with an annual operating profit growth rate of 31.47% and a low Debt to EBITDA ratio of 1.18 times, the stock's recent performance has been negatively impacted by a decline in profits of 7.5% over the past year. Additionally, while the stock has shown impressive long-term returns, including a 45.34% increase year-to-date, the current downward trend is concerning for investors. In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has fallen 7.83% over the past week while the Sensex has gained 1.24%. This significant underperformance highlights the challenges faced by the company despite its positive fundamentals and increasing institutional investor participation, which has risen by 1.65% in the last quarter. The stock's liquidity remains adequate, but the consecutive days of decline suggest that investor sentiment may be cautious, overshadowing the company's strong operational metrics and attractive valuation compared to peers.