Why is Styrenix Perfor. falling/rising?

As of 13-Aug, Styrenix Performance Materials Ltd is experiencing a decline in its stock price, currently at Rs 2,673.10, which reflects a decrease of Rs 86.9 or 3.15%. The stock has underperformed its sector by 4.05% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 3.34% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite strong long-term fundamentals, including a healthy return on equity and significant operating profit growth, the recent performance has been hindered by falling investor participation, with delivery volume decreasing by nearly 20% compared to the 5-day average.
In the broader market context, Styrenix's short-term performance has been notably poor, with a 1-week return of -6.35%, while the benchmark Sensex has remained relatively flat at -0.01%. Over the past month, Styrenix has also underperformed, with a decline of 16.33% compared to the Sensex's drop of only 2.38%. Despite the company's solid long-term growth metrics and consistent returns over the last three years, the current market sentiment appears to be negative, contributing to the stock's recent decline.