Why is Sumitomo Chemi. falling/rising?

As of 14-Jul, Sumitomo Chemical India Ltd is experiencing a slight decline in its stock price, currently at 542.00, reflecting a decrease of 0.4 or 0.07%. The stock has shown mixed performance in recent periods, with a 1-week decline of 2.27%, while it has gained 9.49% over the past month. Today's performance indicates that it has outperformed its sector by 0.54%. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 28.52% against the 5-day average, suggesting growing interest in the stock. However, the company faces challenges, including poor long-term growth metrics, with net sales and operating profit growth rates lagging behind expectations.
In the broader market context, the stock's short-term performance has underperformed the benchmark Sensex, which has declined by only 1.42% over the same week. While institutional investors have increased their stake in the company, reflecting confidence in its potential, the stock's valuation remains high compared to its peers, which may deter some investors. The recent flat results reported for March 25, including significant declines in profit before tax and net sales compared to previous quarters, contribute to a cautious outlook. Overall, while there are positive indicators such as rising institutional participation and management efficiency, the stock's recent performance is tempered by concerns over its long-term growth and valuation.