Why is Dharmaj Crop falling/rising?

As of 18-Nov, Dharmaj Crop Guard Ltd is experiencing a decline in its stock price, currently at Rs 231.00, which reflects a decrease of Rs 5.7 or 2.41%. The stock has underperformed its sector today by 0.82% and has been on a consecutive downward trend for the last four days, resulting in a total decline of 8.73% during this period. Additionally, the stock has shown poor performance over the past week and month, with returns of -6.61% and -22.87%, respectively, while it has underperformed against the benchmark Sensex in the last year by generating a return of -15.35%. Despite some positive financial indicators, such as a 30.7% growth in net sales and a low Debt to EBITDA ratio, the stock's recent movement is negatively impacted by its consistent underperformance against benchmarks and a lack of confidence from domestic mutual funds, which hold no stake in the company.
Broader Market Context: The broader market context indicates that while the Sensex has gained 0.96% over the past week and 0.86% over the past month, Dharmaj Crop has significantly lagged behind, highlighting its struggles in comparison to the overall market performance. The stock's long-term growth prospects appear weak, with an annual operating profit growth rate of only 15.27% over the past five years, contributing to investor skepticism. The combination of recent poor performance, lack of institutional support, and ongoing declines suggests that investors are cautious about the stock's future, leading to its current downward trajectory.