Why is Dhanuka Agritech falling/rising?

As of 17-Sep, Dhanuka Agritech Ltd's stock price is currently at 1,572.00, reflecting an increase of 19.55, or 1.26%. Today's performance indicates that the stock has gained after three consecutive days of decline, although it underperformed its sector by 2.69%. The stock is trading higher than its 5-day and 200-day moving averages, but lower than the 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has shown a marginal increase of 0.03%, while it has declined by 1.69% over the past month. Positive factors contributing to the stock's movement include high management efficiency, as evidenced by a return on equity (ROE) of 22.08%, a low debt-to-equity ratio, and strong quarterly results showing significant growth in net sales and operating profit. Additionally, high institutional holdings at 20.29% suggest confidence from more knowledgeable investors.
Broader market context shows that while Dhanuka Agritech has underperformed its sector today, the broader pesticides and agrochemicals sector has gained by 3.94%. In comparison to the benchmark Sensex, Dhanuka Agritech's short-term performance has lagged, with a 1-week return of +0.03% against the Sensex's +1.56%. However, on a year-to-date basis, the stock has outperformed the Sensex, with a return of +6.71% compared to the benchmark's +5.83%. This indicates that while the stock may be facing short-term challenges, it has shown resilience and growth potential over a longer timeframe.