Why is Sumitomo Chemi. falling/rising?

As of 11-Jul, Sumitomo Chemical India Ltd is experiencing a price increase, currently at 542.40, reflecting a change of 4.2 (0.78%) upward. The stock has shown a positive trend today, outperforming its sector by 2.13% after a reversal from three consecutive days of decline. In terms of performance, the stock has gained 1.28% over the past week and 7.34% over the past month, while it has outperformed the benchmark Sensex, which has seen a decline of 1.12% in the same week and a negligible change of -0.02% in the past month. Additionally, the stock's management efficiency is highlighted by a high return on equity (ROE) of 19.61%, and institutional investors have increased their stake by 1.22%, indicating growing confidence in the company's fundamentals.
Broader Market Context: The broader market context shows that while the Sensex has gained 5.58% year-to-date, Sumitomo Chemical's year-to-date return is relatively modest at 1.38%. This indicates that the stock's recent performance is somewhat isolated from the overall market trend, particularly given its recent outperformance against the benchmark in the short term. However, the falling investor participation, as evidenced by a significant drop in delivery volume, may raise concerns about the stock's liquidity and future momentum, despite the positive indicators from institutional investment and management efficiency.