Why is Sumitomo Chemi. falling/rising?

As of 10-Jul, Sumitomo Chemical India Ltd is experiencing a decline in its stock price, currently at Rs 538.20, which reflects a decrease of Rs 10.25 or 1.87%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 2.96%. Today's trading saw the stock reach an intraday low of Rs 536, and the volume traded was notably lower, with a delivery volume drop of 74.31% compared to the 5-day average. Despite a positive performance over the past month (+5.23%) and year (+8.56%), the stock's recent movement indicates a struggle against broader market trends, particularly as it underperformed its sector by 0.51%.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, while Sumitomo Chemical's short-term performance has been more favorable at +2.05%. However, the stock's year-to-date return of 0.60% lags behind the Sensex's 6.46% gain. While there are positive indicators such as high management efficiency and increased institutional investor participation, which has risen by 1.22% in the last quarter, these factors have not been sufficient to counteract the recent downward pressure on the stock price. The combination of falling investor participation and the stock's recent performance suggests a cautious sentiment among investors.