Why is Aries Agro falling/rising?

As of 25-Jul, Aries Agro Ltd is experiencing a decline in its stock price, currently at Rs 354.00, which reflects a decrease of Rs 10.25 or 2.81%. The stock has underperformed its sector by 1.5% today and has been on a downward trend for the last three days, accumulating a total loss of 5% during this period. Additionally, the stock touched an intraday low of Rs 351.85, indicating significant selling pressure. Despite a strong performance over the past year with a return of 28.68% and a notable increase in profits by 75.1%, the recent decline may be attributed to falling investor participation, as evidenced by a 46.66% drop in delivery volume compared to the five-day average. However, the company maintains a strong ability to service debt and has seen increasing participation from institutional investors, which could provide some support for the stock in the long term.
In the broader market context, Aries Agro's short-term performance over the past week shows a decline of 5.47%, while the benchmark Sensex has only decreased by 0.36%. This indicates that the stock is underperforming relative to the market. Despite its recent struggles, the company has consistently outperformed the BSE500 over the last three years, suggesting that the current downturn may be more of a temporary setback rather than a reflection of its overall financial health. The stock's valuation remains attractive compared to its peers, trading at a discount, which could appeal to investors looking for long-term growth opportunities.