Why is Sudarshan Chem falling/rising?

As of 25-Sep, Sudarshan Chemical Industries Ltd's stock price is currently at Rs 1,434.55, reflecting a decline of Rs 85.3 or 5.61%. The stock has been underperforming recently, having fallen for the last two days with a cumulative drop of 6.47%. Today's performance indicates that it underperformed its sector by 3.29%, and it reached an intraday low of Rs 1,425. Despite this short-term decline, the stock has shown strong long-term growth, with a 35.02% return over the past year and a remarkable 238.70% increase over the last three years. The company holds a significant position in its sector, constituting 44.20% of the entire industry, and has demonstrated healthy annual sales growth of 25.90%.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark, with a 1-week return of -0.11% compared to the Sensex's -2.23%. However, the overall market sentiment appears to be negative, as the Dyes & Pigments sector has also experienced a decline of 3.43%. The rising investor participation, indicated by a 295.8% increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. This combination of factors indicates that while Sudarshan Chemical Industries Ltd has strong fundamentals and long-term growth potential, it is currently facing short-term pressures that are impacting its stock price.