Why is Best Agrolife falling/rising?

As of 19-Sep, Best Agrolife Ltd's stock price is currently at 363.00, reflecting a slight increase of 0.65, or 0.18%. The stock has shown a trend reversal after four consecutive days of decline, although it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this minor uptick, the stock has underperformed significantly over the past year, with a return of -38.63%, and has seen a substantial decline of 69.78% over the last three years. The company's financials indicate a high management efficiency with a return on capital employed (ROCE) of 18.55%, and while profits have risen by 85%, net sales and operating profit have decreased, contributing to a negative sentiment around the stock.
In the broader market context, Best Agrolife's recent performance contrasts sharply with the benchmark, as it has declined by 4.86% over the past week while the Sensex has increased by 0.88%. This consistent underperformance against the benchmark, coupled with falling investor participation and a drop in delivery volume, suggests a lack of confidence among investors. Although the stock is trading at a discount compared to its peers and has an attractive valuation, the long-term growth outlook remains poor, further exacerbating the challenges faced by the company in the current market environment.