Why is Godrej Agrovet falling/rising?

As of 07-Aug, Godrej Agrovet Ltd. is experiencing a decline in its stock price, currently at Rs 815.65, reflecting a decrease of Rs 16.2 or 1.95%. Today's price summary indicates that the stock has underperformed its sector by 1.94%, with an intraday low of Rs 803.9, marking a drop of 3.36%. In terms of performance against benchmarks, the stock has seen a 3.72% decline over the past week, while it has shown a positive return of 3.83% over the past month. Despite positive financial results in June, including a high return on capital employed and significant net sales, the stock's long-term growth appears limited, with net sales growing at an annual rate of only 6.16% over the last five years. Additionally, there has been a decrease in institutional investor participation, which may contribute to the stock's downward pressure.
In the broader market context, Godrej Agrovet's recent performance contrasts with the Sensex, which has only declined by 0.69% over the past week. While the stock has outperformed the BSE500 over the last three years, its short-term performance indicates a struggle against both sector and market trends. The falling participation from institutional investors, who have reduced their stake, suggests a lack of confidence that could further impact the stock's price negatively. Overall, despite some positive financial indicators, the combination of recent underperformance, declining investor participation, and limited growth prospects contributes to the stock's current downward movement.