Why is Bikaji Foods falling/rising?

As of 22-Sep, Bikaji Foods International Ltd is experiencing a decline in its stock price, currently at Rs 774.30, which reflects a decrease of Rs 12.65 or 1.61%. The stock has underperformed its sector by 1.41% today, having touched an intraday low of Rs 771, indicating a downward trend. Over the past week, the stock has decreased by 2.07%, while it has shown a slight increase of 0.56% over the past month. However, on a year-to-date basis, it has fallen by 0.38%, and over the past year, it has significantly underperformed with a decline of 18.34%. Despite these challenges, the company boasts a high management efficiency with a return on equity (ROE) of 18.16% and a low debt-to-equity ratio, which could support its long-term growth potential.
In the broader market context, the Sensex has increased by 0.46% over the past week, contrasting with Bikaji Foods' decline, indicating that the stock is not keeping pace with the overall market. The company's liquidity remains adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 12.96% against the five-day average. This decline in interest may contribute to the stock's recent performance. While the company has healthy long-term growth prospects, as evidenced by an annual operating profit growth rate of 34.62% and high institutional holdings at 20.01%, the current market sentiment appears to be weighing on its stock price.