Why is Dharmaj Crop falling/rising?

As of 06-Nov, Dharmaj Crop Guard Ltd is experiencing a decline in its stock price, currently at Rs 250.95, which reflects a decrease of Rs 5.9 or 2.3%. The stock has been underperforming significantly, with a consecutive fall over the last seven days resulting in a total decline of 15.83%. Additionally, the stock has underperformed its sector by 1.94% today. In terms of returns, the stock has seen a substantial drop of 19.90% over the past month and 26.19% over the past year, contrasting sharply with the Sensex, which has gained 1.86% and 3.65% respectively during the same periods. Despite these negative movements, the company shows a strong ability to service debt and has reported healthy long-term growth in net sales and operating profit.
Broader Market Context: The stock's recent performance is notably weaker than the benchmark, as it has declined significantly while the Sensex has shown positive returns. The stock's current trading position is below all major moving averages, indicating a bearish trend. However, there is a rise in investor participation, with a notable increase in delivery volume, suggesting some level of interest despite the overall downward trajectory. The company’s strong fundamentals, such as a low Debt to EBITDA ratio and an attractive valuation compared to peers, may provide some support for the stock in the long term, but these factors have not yet translated into positive price movement in the current market environment.