Why is India Pesticides falling/rising?

As of 25-Jul, India Pesticides Ltd is experiencing a decline in its stock price, currently at Rs 211.90, which represents a decrease of Rs 16.8 or 7.35%. Today's price summary indicates that the stock has underperformed its sector by 7.3%, with an intraday low of Rs 211, reflecting a significant drop of 7.74%. The stock has shown high volatility today, with an intraday volatility of 5.78%. Over the past week, the stock has decreased by 1.51%, and over the past month, it has fallen by 5.25%. Despite a year-to-date increase of 16.97%, the stock's performance over the last year is slightly negative at -0.24%. Positive factors include a low debt-to-equity ratio, strong growth in net sales and profits, and a fair valuation compared to peers. Additionally, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, the Sensex has shown a minor decline of 0.36% over the past week and a 1.56% drop over the past month, suggesting that the market is experiencing a slight downturn. However, India Pesticides' performance has been notably worse than the benchmark, particularly in the short term, where it has underperformed significantly. The stock's recent volatility and decline, despite positive financial indicators, may reflect broader market sentiments or sector-specific challenges that are impacting investor confidence.