Why is Styrenix Perfor. falling/rising?

As of 12-Sep, Styrenix Performance Materials Ltd is experiencing a decline in its stock price, currently at 2,599.00, reflecting a decrease of 6.0 or 0.23%. The stock has underperformed its sector by 1.77% today and has been on a consecutive downward trend for the last two days, with a total return loss of 1.66% during this period. Additionally, the stock has traded within a narrow range of Rs 25 and is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite the company showing high management efficiency and a low debt-to-equity ratio, the recent performance indicates a lack of investor participation, with delivery volume decreasing by 7.82% against the 5-day average.
In the broader market context, Styrenix's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.33% compared to the Sensex's gain of 1.48%. While the stock has generated a positive return of 5.45% over the past year, it has underperformed in the short term and year-to-date, where it has seen a decline of 10.48% against the Sensex's increase of 4.82%. The stock's premium valuation compared to peers and the healthy growth in operating profit may not be enough to offset the recent negative sentiment and declining investor interest, contributing to its current price movement.