Why is Sumitomo Chemi. falling/rising?

As of 24-Jun, Sumitomo Chemical India Ltd is experiencing a price increase, currently at 519.55, reflecting a rise of 7.55 or 1.47%. The stock has outperformed its sector today by 1.07% and has shown a consecutive gain over the last two days, accumulating a total return of 5.79%. In terms of performance against benchmarks, the stock has increased by 4.23% over the past week, while the Sensex has only risen by 0.58%. Additionally, the company enjoys high management efficiency with a return on equity (ROE) of 19.61% and a low debt-to-equity ratio, which may contribute positively to investor sentiment. However, concerns about long-term growth persist, as net sales and operating profit have grown at modest rates over the past five years, and recent quarterly results have shown significant declines compared to previous averages.
Broader Market Context: In the short term, Sumitomo Chemical's performance has been notably stronger than the benchmark, with a 4.23% increase over the past week compared to the Sensex's 0.58% gain. This outperformance may be indicative of rising investor participation, as evidenced by an 80.78% increase in delivery volume, suggesting heightened interest from both retail and institutional investors, who have increased their stake in the company. Despite these positive short-term indicators, the stock's long-term growth prospects remain a concern, particularly given its relatively high valuation compared to peers and the recent flat quarterly results, which could temper enthusiasm among investors.