Why is Aries Agro falling/rising?

As of 18-Sep, Aries Agro Ltd's stock price is currently at Rs 414.50, reflecting a decline of Rs 7.65 or 1.81%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 5.08% during this period. It touched an intraday low of Rs 409.55, indicating a challenging trading environment. Despite a strong year-to-date return of 44.37% and consistent performance over the past three years, the stock's recent movement is influenced by its current underperformance relative to the sector and a weighted average price that suggests more volume traded closer to the low price. Positive factors include a strong ability to service debt, significant growth in profit after tax, and increasing participation from institutional investors, which may provide some support for the stock.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -0.06% compared to the Sensex's gain of 1.80%. This underperformance is notable, especially given the stock's strong historical returns, including a 42.88% increase over the past year. The recent decline, coupled with the broader market's positive movement, indicates that while Aries Agro has shown robust long-term growth, it is currently facing challenges that are affecting investor sentiment and short-term performance.