Why is Sumitomo Chemi. falling/rising?

As of 02-Jul, Sumitomo Chemical India Ltd is experiencing a price increase, with its current price at 524.60, reflecting a change of 5.5 or 1.06% upward. The stock has outperformed its sector by 1.95% today, and it is trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Over the past week, the stock has risen by 2.60%, and it has shown a 3.85% increase over the last month. Despite this positive short-term performance, the stock has a year-to-date decline of 1.94%. Positive factors contributing to the stock's movement include high management efficiency indicated by a return on equity (ROE) of 19.61% and a low debt-to-equity ratio. Additionally, there has been an increase in institutional investor participation, with a 1.22% rise in their stake over the previous quarter.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has only increased by 0.79% over the past week. However, the stock's year-to-date performance lags behind the Sensex's 6.75% gain, indicating a weaker long-term growth outlook. The company has faced challenges, such as flat results in March 2025, with significant declines in profit before tax, profit after tax, and net sales compared to previous quarters. This has raised concerns about its long-term growth potential, as evidenced by a modest annual growth rate in net sales of 5.37% and operating profit of 14.22% over the last five years. The stock is also considered expensive relative to its peers, trading at a premium valuation, which may impact investor sentiment moving forward.