Why is Styrenix Perfor. falling/rising?

As of 23-Sep, Styrenix Performance Materials Ltd is experiencing a decline in its stock price, currently at 2,485.00, which reflects a decrease of 36.5 points or 1.45%. The stock has been on a downward trend, losing value for the last four consecutive days and showing a total decline of 3.98% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's performance over the past week has been poor, with a return of -2.80%, while it has also underperformed over the past month with a decline of 5.05%. Despite some positive indicators such as a high return on equity (ROE) of 29.21% and healthy long-term growth in operating profit, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a significant drop in delivery volume.
Broader market context shows that while the Sensex has experienced a slight decline of 0.34% over the past week, Styrenix's performance has been notably worse, indicating a lack of investor confidence in the stock relative to the broader market. The stock's year-to-date performance is particularly concerning, with a decline of 14.41% compared to the Sensex's gain of 5.07%. Although the company has demonstrated strong management efficiency and profitability, the current market sentiment appears to be overshadowing these positive factors, contributing to the stock's downward movement.