Why is IFB Agro Inds. falling/rising?

As of 17-Sep, IFB Agro Industries Ltd is currently priced at 776.30, reflecting a slight increase of 1.3 (0.17%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it has underperformed its sector by 0.62% today. Over the past week, the stock has decreased by 0.35%, while it has performed positively over the last month with a return of 2.62%. The company has demonstrated strong long-term growth, with operating profit increasing at an annual rate of 98.26%, and it has declared positive results for the last three consecutive quarters. Despite these positives, there is a notable decline in investor participation, with delivery volume falling by 76.42% against the 5-day average, which may contribute to the stock's recent volatility.
Broader market context indicates that while the stock has generated a return of 32.89% over the past year, the benchmark Sensex has experienced a decline of 0.46%. This suggests that IFB Agro Industries Ltd has outperformed the broader market significantly. Additionally, institutional investors have increased their stake in the company, indicating confidence in its fundamentals. However, the stock's high valuation, with a Price to Book Value of 1.2 and a low return on equity of 0.4, raises concerns about its sustainability at current price levels. Overall, while the stock has shown resilience and positive growth metrics, the recent drop in investor participation and high valuation may be contributing factors to its price fluctuations.