Why is Aries Agro falling/rising?

As of 16-Jul, Aries Agro Ltd is currently priced at Rs 371.50, reflecting a decrease of Rs 3.45 or 0.92%. Today's price summary indicates that the stock has underperformed its sector by 1.03%, touching an intraday low of Rs 365, which represents a decline of 2.65%. Despite this, the stock has shown strong performance over the past week, with a return of 2.14%, and an impressive 34.72% return over the last year, significantly outperforming the BSE500 index. The company's ability to service debt is strong, evidenced by a low Debt to EBITDA ratio of 1.50 times, and it has maintained a fair valuation with a Price to Book Value of 1.7. The stock is trading at a discount compared to its peers, and its profits have risen by 75.1% over the past year, contributing to a low PEG ratio of 0.2.
In the broader market context, while Aries Agro has shown robust returns over various periods, the Sensex has experienced a decline of 1.08% over the past week, indicating a challenging environment for stocks in general. The stock's recent performance, despite today's decline, reflects a strong upward trend over the longer term, with a 210.49% increase over the past three years. The rising investor participation, with a significant increase in delivery volume, suggests ongoing interest in the stock, which may help mitigate the current price drop. Overall, while the stock is facing short-term pressure, its long-term fundamentals remain strong, positioning it favorably in the market.