Why is Vishnu Chemicals falling/rising?

As of 03-Jul, Vishnu Chemicals Ltd is currently priced at Rs 522.00, reflecting a decrease of Rs 8.7 or 1.64%. The stock has underperformed its sector by 1.61% today, having touched an intraday low of Rs 519.9. In terms of returns, the stock has declined by 5.69% over the past week, while it has shown a modest increase of 11.89% over the past year. Despite this recent downturn, the company has demonstrated strong financial performance, with a high return on capital employed (ROCE) of 18.45% and significant growth in operating profit and net sales over the last six months. The stock is also trading at a discount compared to its peers, which may indicate a fair valuation despite the recent price drop.
Broader market context shows that the Sensex has only declined by 0.62% over the past week, suggesting that the broader market is relatively stable compared to Vishnu Chemicals' performance. While the stock has performed well year-to-date with a return of 31.29% compared to the Sensex's 6.53%, the recent short-term decline indicates a divergence from this trend. The rising investor participation, as evidenced by an increase in delivery volume, suggests that there may be underlying interest in the stock, which could support a recovery in the future.