Why is Dhanuka Agritech falling/rising?

As of 18-Aug, Dhanuka Agritech Ltd's stock price is currently at Rs 1,611.00, reflecting an increase of Rs 17.1 or 1.07%. Today, the stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.64%. The stock reached an intraday high of Rs 1,628.25, indicating a positive movement within the day. However, it is important to note that the stock has underperformed in the short term, with a 1-week return of -0.42% and a 1-month return of -8.62%. Despite these short-term challenges, the company has demonstrated strong fundamentals, including a high return on equity (ROE) of 22.08% and a low debt-to-equity ratio, which may contribute to investor confidence.
In the broader market context, the Sensex has increased by 0.83% over the past week, contrasting with Dhanuka Agritech's decline. This suggests that while the overall market is performing well, Dhanuka Agritech is facing specific challenges that are affecting its stock price. The company's high institutional holdings at 20.29% indicate that knowledgeable investors are backing it, which could provide stability. However, the falling investor participation, as evidenced by a significant drop in delivery volume, raises concerns about liquidity and market interest. Overall, while the stock has shown some positive movement today, its recent performance relative to the benchmark and declining participation may suggest caution among investors.