Why is Hatsun Agro falling/rising?

As of 03-Nov, Hatsun Agro Product Ltd is experiencing a decline in its stock price, currently at Rs 1,064.30, which reflects a decrease of Rs 40.0 or 3.62%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 7.24%. Additionally, today's performance shows that it underperformed its sector by 3.97%. In terms of returns, the stock has decreased by 1.40% over the past week, while it has shown a modest increase of 15.48% over the past month. However, its year-to-date return stands at 5.80%, contrasting with a 4.97% decline over the past year. Despite these recent challenges, the company reported positive financial results, including significant growth in operating profit and net profit, which may suggest underlying strength.
In the broader market context, the stock's recent performance has been weaker than the benchmark Sensex, which has declined by only 0.94% over the past week. The stock's liquidity appears adequate, but there has been a notable drop in investor participation, with delivery volume falling by 79.76% compared to the five-day average. While the stock is trading at a discount compared to its peers, the overall negative sentiment reflected in the recent price movements and consecutive declines may overshadow the positive financial indicators. The majority ownership by promoters may provide some stability, but the current market conditions and investor behavior indicate a cautious outlook for Hatsun Agro.