Why is Dhanuka Agritech falling/rising?

As of 24-Sep, Dhanuka Agritech Ltd is experiencing a decline in its stock price, currently at 1,530.00, which reflects a decrease of 17.05 or 1.1%. The stock has underperformed its sector by 0.78% today, and its moving averages indicate a mixed performance, being higher than the 200-day moving average but lower than the 5-day, 20-day, 50-day, and 100-day moving averages. Additionally, there has been a decrease in investor participation, with delivery volume falling by 0.9% against the 5-day average. Over the past week, the stock has decreased by 2.67%, and over the past month, it has fallen by 4.91%, contrasting with the Sensex, which has seen a slight increase of 0.50% in the same timeframe. Despite these declines, the company maintains a high management efficiency with a return on equity of 22.08% and a low debt-to-equity ratio, which could support its long-term stability.
In the broader market context, Dhanuka Agritech's recent performance has been weaker compared to the benchmark, as it has underperformed the Sensex over the past week and month. While the stock has shown positive growth year-to-date at 3.86%, it lags behind the Sensex's 4.58% growth. The high institutional holdings at 20.29% suggest that knowledgeable investors are backing the company, which may provide some confidence in its fundamentals despite the recent price decline. Overall, the combination of short-term underperformance, declining investor participation, and mixed moving averages contributes to the stock's current downward trend.