Why is Aries Agro falling/rising?

As of 01-Jul, Aries Agro Ltd is currently priced at 337.35, reflecting a decrease of 9.6 points or 2.77%. Today's price summary indicates that the stock has underperformed its sector by 0.67%, having touched an intraday low of Rs 332.45, which represents a decline of 4.18%. Despite this drop, the stock has shown strong performance over the past week, month, year-to-date, and year, with returns of 7.83%, 12.83%, 17.50%, and 30.33% respectively. The company has a low Debt to EBITDA ratio of 1.50 times, indicating a strong ability to service debt, and its attractive valuation is supported by a Price to Book Value of 1.5. Additionally, the stock is trading at a discount compared to its peers, and the significant increase in delivery volume suggests rising investor participation.
In the broader market context, while Aries Agro has experienced a decline today, it has outperformed the benchmark Sensex over various periods, including a 30.33% return over the past year compared to the Sensex's 5.31%. This indicates that, despite the current price drop, the stock has been on a strong upward trajectory in the longer term. The liquidity of the stock remains sufficient for trading, and its consistent returns over the last three years further reinforce its resilience in the market. Overall, while the stock is facing a short-term decline, its long-term performance and fundamentals suggest a solid position relative to the broader market.