Why is Sumitomo Chemi. falling/rising?

As of 28-Aug, Sumitomo Chemical India Ltd is currently priced at 567.50, reflecting a decrease of 3.95 (-0.69%). The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 5.03% during this period. Despite this short-term downturn, the stock has shown resilience over the longer term, with a year-to-date increase of 6.07% and a one-year return of 7.08%, outperforming the broader market, which has seen negative returns. The stock's performance today has outpaced its sector by 1%, and there has been a notable increase in investor participation, with delivery volume rising by 19.53% compared to the five-day average. Additionally, the company boasts high management efficiency, a low debt-to-equity ratio, and strong financial results, which contribute positively to its overall valuation.
In the broader market context, the stock's recent decline contrasts with the benchmark Sensex, which has also experienced a downturn of 2.34% over the past week. While Sumitomo Chemical India Ltd has underperformed in the short term, its year-to-date and one-year returns indicate a stronger performance relative to the market, which has generated negative returns of -2.08% over the same period. This suggests that while the stock is facing short-term challenges, its long-term fundamentals remain solid, and it continues to attract investor interest despite the recent price drop.