Why is India Pesticides falling/rising?

As of 26-Jun, India Pesticides Ltd is experiencing a decline in its stock price, currently at Rs 220.95, which reflects a decrease of Rs 2.7 or 1.21%. Today's price summary indicates that the stock has underperformed its sector by 0.9% and has fallen after four consecutive days of gains, touching an intraday low of Rs 216.85. Despite this drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend prior to this decline. Additionally, the company has shown strong financial performance in recent months, with net sales growing by 36.99% and profit after tax increasing by 39.3%, which could have contributed to previous gains.
Broader market context shows that while India Pesticides has had impressive returns over the past week and month, outperforming the Sensex with increases of 14.30% and 28.83% respectively, it has underperformed over the past year and three years compared to the benchmark. The Sensex has risen by 6.46% over the past year and 58.85% over three years, indicating a stronger overall market performance. This context may be influencing investor sentiment, leading to the recent price decline despite the company's solid financial results and rising investor participation, as evidenced by a significant increase in delivery volume.