Why is SPIC falling/rising?

As of 29-Sep, Southern Petrochemical Industries Corporation Ltd. is experiencing a decline in its stock price, currently at 91.75, reflecting a decrease of 0.25 or 0.27%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 5.17%. In the past week, the stock has underperformed with a return of -6.71%, while it has also seen a significant drop of 15.04% over the last month. Although the stock has shown strong long-term growth with a year-to-date increase of 25.15%, recent performance indicators suggest a weakening position, including a decrease in delivery volume by 7.12% against the five-day average. Despite having a low Debt to EBITDA ratio and healthy operating profit growth, the stock's recent performance is overshadowed by falling investor participation and a decline in profits over the past year.
In the broader market context, the stock's short-term performance is notably worse than the benchmark, with the Sensex only declining by 2.18% over the same week. This stark contrast highlights the stock's struggles relative to the market. While institutional investors have increased their stake, indicating some confidence in the company's fundamentals, the overall market sentiment appears to be cautious, contributing to the stock's recent price decline. The stock's ability to outperform the sector today by 0.73% may provide a glimmer of hope, but the overall trend suggests that investors are currently more focused on the recent negative performance and declining participation.