Why is Dharmaj Crop falling/rising?

As of 25-Jul, Dharmaj Crop Guard Ltd's stock price is currently at 305.75, reflecting a decline of 6.2, or 1.99%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total drop of 11.38% during this period. Additionally, over the past week, the stock has decreased by 9.57%, while it has shown a decline of 2.66% over the past month. Despite a year-to-date increase of 18.23%, the stock's performance over the last year has been negative, with a return of -8.84%. The company's ability to service its debt remains strong, indicated by a healthy EBIT to Interest ratio of 12.79, and it is trading at a discount compared to its peers. However, the stock's profits have fallen by 16.8%, contributing to the recent price decline.
In the broader market context, the Sensex has shown a slight decline of 0.36% over the past week, indicating that the market is relatively stable. However, Dharmaj Crop's performance has significantly lagged behind this benchmark. The stock's performance today has underperformed its sector by 1.94%, suggesting that investor sentiment is currently negative. The rising investor participation, with a notable increase in delivery volume, indicates some interest in the stock, but the overall trend remains downward. The stock's moving averages indicate it is currently lower than the 5-day and 20-day averages, which may further signal bearish sentiment among investors.