Why is Dhanuka Agritech falling/rising?

As of 14-Aug, Dhanuka Agritech Ltd is experiencing a decline in its stock price, currently at 1,593.90, which reflects a decrease of 16.1 or 1.0%. The stock has been under pressure, having fallen consecutively for the last two days, resulting in a total drop of 3.46% during this period. Despite this recent downturn, the stock has outperformed its sector by 0.34% today. Over the past week, it has shown a modest gain of 1.33%, while its performance over the last month has been negative at -1.40%. The company has demonstrated strong fundamentals, including a high return on equity of 22.08% and a low debt-to-equity ratio, which may support investor confidence despite the recent price decline.
In the broader market context, Dhanuka Agritech's recent performance contrasts with the Sensex, which has seen a slight decline of 0.03% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date performance of +8.20% is notably better than the Sensex's +3.15%. The rising investor participation, indicated by a significant increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. Additionally, the high institutional holdings at 20.29% may provide a buffer against volatility, as these investors typically have the resources to analyze the company's fundamentals more thoroughly than retail investors.