Why is Fermenta Biotec. falling/rising?

As of 24-Jun, Fermenta Biotech Ltd's stock is currently priced at 305.00, reflecting a decrease of 4.0, or 1.29%. The stock has been on a downward trend, having underperformed its sector by 1.5% today and experiencing a consecutive fall over the last six days, resulting in a total decline of 10.56% during this period. Despite this recent downturn, the company has shown strong financial performance, with a significant growth in operating profit of 279.46% and positive results for the last three consecutive quarters. The promoters have also increased their stake by 2.03%, indicating confidence in the company's future, which may counterbalance some of the negative sentiment driving the stock's current decline.
In the broader market context, Fermenta Biotech's short-term performance is notably poor compared to the benchmark, as it has fallen 8.75% over the past week while the Sensex has gained 0.58%. Year-to-date, the stock has underperformed significantly, with a decline of 16.20%, contrasting with the Sensex's increase of 5.01%. Although the stock has generated a remarkable return of 79.57% over the past year, the recent negative trends and underperformance against the benchmark suggest that investor sentiment may be shifting, leading to the current price decline.