Why is EID Parry falling/rising?

As of 05-Sep, EID Parry (India) Ltd's stock price is currently at 1,112.30, reflecting a decrease of 9.4 points or 0.84%. The stock has underperformed its sector by 1.05% today and has been on a downward trend for the last two days, with a total decline of 1.02% during this period. Over the past week, the stock has decreased by 2.03%, and it has also seen a decline of 6.67% over the past month. Despite these short-term setbacks, the stock has demonstrated strong long-term performance, with a year-to-date increase of 24.77% and a 32.57% rise over the past year. The company maintains a low debt-to-equity ratio of 0.02 times, has reported significant growth in profit before tax and profit after tax, and boasts high institutional holdings, which have increased by 1.12% in the last quarter.
Broader Market Context: In the context of the broader market, the Sensex has shown a positive return of 1.13% over the past week, contrasting with EID Parry's decline. This indicates that while the overall market is experiencing upward momentum, EID Parry is lagging behind. The stock's liquidity remains adequate, with a delivery volume increase of 2.22% compared to the five-day average, suggesting some investor interest despite the recent price drop. Overall, while EID Parry has strong fundamentals and a solid market position, its recent price decline may be attributed to short-term market dynamics and sector performance, which are not currently in its favor.