Why is Aries Agro falling/rising?

As of 11-Jul, Aries Agro Ltd is experiencing a decline in its stock price, currently at Rs 349.75, which represents a decrease of Rs 4.3 or 1.21%. The stock has underperformed its sector by 1.16% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.84%. Despite this recent decline, the stock has shown strong performance over the past year, generating a return of 20.02% and a significant profit increase of 75.1%. The company's low Debt to EBITDA ratio of 1.50 times and an attractive valuation with a Price to Book Value of 1.6 indicate a solid financial position, which may provide some support against the recent price drop.
In the broader market context, Aries Agro's recent performance contrasts with the Sensex, which has seen a decline of 1.12% over the past week. While the stock has outperformed the benchmark over longer periods, including a 21.82% year-to-date return compared to the Sensex's 5.58%, the short-term underperformance may reflect broader market sentiment or sector-specific challenges. Additionally, a decrease in investor participation, with delivery volume falling by 11.03% against the 5-day average, could indicate waning interest, contributing to the stock's recent price movement.