Why is Godrej Industrie falling/rising?

As of 18-Sep, Godrej Industries Ltd's stock price is currently at 1,215.70, reflecting a decrease of 1.3 points or 0.11%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 3.24% during this period. Despite this recent drop, the stock has outperformed its sector by 0.39% today. Over the past week, Godrej Industries has shown a modest gain of 0.52%, but it has underperformed the benchmark Sensex, which has risen by 1.80% over the same timeframe. The company has reported positive results for the last three consecutive quarters, with significant growth in net sales and cash reserves, which indicates strong operational performance. Additionally, the increase in promoter stake by 1.32% reflects rising confidence in the company's future prospects.
Broader Market Context: In the context of the broader market, Godrej Industries' recent performance has been mixed. While the stock has generated a return of 0.34% over the past year, it has lagged behind the Sensex's 0.08% return during the same period. The stock's performance over the last month has been particularly weak, with a decline of 4.38%, contrasting with the Sensex's gain of 2.14%. This divergence suggests that while the company has strong fundamentals, the market sentiment may be affecting its stock price negatively in the short term, leading to the observed decline despite the positive indicators from its financial results and promoter confidence.