Why is Sumitomo Chemi. falling/rising?

As of 25-Jul, Sumitomo Chemical India Ltd is currently priced at 584.00, reflecting a decrease of 5.6, or 0.95%. The stock has been experiencing a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 1.5% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 14.22% increase over the past month and a notable 17.36% rise over the past year, significantly outperforming the broader market, which has generated negative returns. Additionally, the stock's management efficiency is highlighted by a high return on equity (ROE) of 19.61% and a low debt-to-equity ratio, indicating solid financial health. However, there has been a decline in investor participation, with delivery volume dropping by 38.4% compared to the five-day average, which may contribute to the recent price decline.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, as it has declined by 3.73% over the past week, while the Sensex has only decreased by 0.36%. This underperformance in the short term contrasts with the stock's strong returns over longer periods, where it has outpaced the benchmark significantly. The overall market sentiment appears to be negative, as indicated by the BSE500's negative return of -0.19% over the last year, yet Sumitomo Chemical has managed to deliver positive returns, showcasing its resilience despite recent price pressures.