Why is Sumitomo Chemi. falling/rising?

As of 23-Jul, Sumitomo Chemical India Ltd is currently priced at 592.00, reflecting a decrease of 0.9, or 0.15%. The stock's performance today is in line with the sector, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant drop in investor participation, with delivery volume falling by 81.07% compared to the 5-day average. Despite this decline, the stock has shown strong performance over the past year, generating a return of 15.41%, which is substantially higher than the broader market's return of 1.79%. The company also boasts high management efficiency with a return on equity of 19.61% and a low debt-to-equity ratio, indicating a solid financial position.
In the broader market context, Sumitomo Chemical's short-term return of 1.07% over the past week outperforms the Sensex's return of 0.11%, suggesting that the stock has been relatively resilient compared to the market. However, the recent decline in price may reflect a temporary pullback in investor interest despite its strong historical performance and solid fundamentals. The liquidity of the stock remains adequate for trading, which may help stabilize its price in the near term, but the sharp drop in delivery volume could indicate caution among investors.