Why is EID Parry falling/rising?

As of 19-Sep, EID Parry (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,067.10, which reflects a decrease of Rs 23.3 or 2.14%. The stock has underperformed its sector by 2.01% today and has seen a consecutive fall over the last two days, accumulating a total decline of 2.43%. The stock touched an intraday low of Rs 1,060.9, indicating a downward trend in trading activity, with a weighted average price suggesting more volume was traded closer to this low. Despite a strong year-to-date performance of 19.70% and a significant 31.15% increase over the past year, the stock has struggled recently, with a 7.04% decline over the past month, contrasting with the positive returns of the benchmark index, Sensex.
In the broader market context, the stock's short-term performance has lagged behind the Sensex, which has gained 0.88% over the past week. This underperformance may be attributed to falling investor participation, as evidenced by a 1.75% decrease in delivery volume compared to the five-day average. However, the company maintains a low debt-to-equity ratio and has shown impressive growth in profit before tax and profit after tax, alongside high institutional holdings, which could provide some stability. Despite these positive fundamentals, the recent price movement reflects market sentiment that may be cautious, leading to the current decline in stock price.