Why is Styrenix Perfor. falling/rising?

As of 04-Sep, Styrenix Performance Materials Ltd is experiencing a price increase, currently at Rs 2,691.00, which reflects a rise of 50.2 points or 1.9%. The stock has shown positive momentum, gaining for the last two consecutive days with a total return of 2.15% during this period. Today's performance indicates that it has outperformed its sector by 2.44%. However, despite this recent uptick, the stock has underperformed over the past week and month, with declines of 0.89% and 6.20%, respectively. The stock is currently trading above its 5-day moving average but below its longer-term moving averages, indicating mixed short-term performance. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 37.71% compared to the 5-day average.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 0.80% over the past week. While Styrenix has shown a positive return of 2.81% over the last year, it has lagged behind the benchmark's year-to-date performance, which is up 3.30%. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 29.21% and a low debt-to-equity ratio, which supports its healthy long-term growth prospects. Positive financial indicators, such as a significant increase in operating profit and strong net sales, further bolster investor confidence. Despite the recent gains, the stock's overall performance in the short term suggests caution, particularly given the declining investor participation.