Why is Styrenix Perfor. falling/rising?

As of 15-Sep, Styrenix Performance Materials Ltd is experiencing a decline in its stock price, currently at 2,587.00, reflecting a decrease of 12.0 points or 0.46%. The stock has underperformed its sector by 0.4% today and has been on a downward trend for the last three days, accumulating a total loss of 2.12% 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 some positive factors such as a high return on equity (ROE) of 29.21% and a low debt-to-equity ratio, the stock's performance has been lackluster, with a year-to-date decline of 10.89% compared to a 4.67% increase in the benchmark index.
In the broader market context, Styrenix's short-term performance has been notably weaker than the benchmark, with a 1-week return of -0.25% compared to the Sensex's gain of 1.24%. This underperformance is compounded by a significant drop in investor participation, as evidenced by a 26.24% decrease in delivery volume against the 5-day average. While the company has demonstrated consistent returns over the past three years and a healthy growth rate in operating profit, the recent negative price movement suggests that market sentiment may be influenced by broader trends or investor caution, overshadowing the company's strong fundamentals.