Why is Styrenix Perfor. falling/rising?

As of 29-Aug, Styrenix Performance Materials Ltd is experiencing a decline in its stock price, currently at 2,657.55, which reflects a decrease of 57.55 or 2.12%. Today's price summary indicates that the stock has underperformed its sector by 2.58% and has fallen after four consecutive days of gains. It opened with a significant loss of 5.79% and reached an intraday low of Rs 2,558. Additionally, the stock's performance over the past week shows a modest gain of 1.54%, but it has declined by 8.50% over the past month. Despite a high management efficiency indicated by a return on equity (ROE) of 29.21% and a low debt-to-equity ratio, the recent drop in delivery volume by 41.25% against the five-day average suggests a decrease in investor participation, contributing to the stock's downward movement.
In the broader market context, while Styrenix's short-term performance has been positive compared to the Sensex, which has declined by 1.84% over the past week, the stock's longer-term returns show a decline of 8.46% year-to-date, contrasting with the Sensex's gain of 2.14%. This indicates that while the stock has had periods of strong performance, it is currently facing challenges that are impacting its price negatively. The overall market sentiment may also be affecting investor confidence, leading to the observed price drop despite the company's healthy long-term growth indicators, such as a robust operating profit growth rate of 92.38%.