Why is India Pesticides falling/rising?

As of 02-Sep, India Pesticides Ltd is currently priced at 212.05, reflecting a slight increase of 0.05, or 0.02%. The stock has been gaining over the last two days, with a total return of 0.5% during this period. However, it has underperformed in the short term, with a 1-week return of -2.64% and a 1-month return of -3.96%. Despite these short-term declines, the company has shown strong financial performance, including a significant net profit growth of 60.36% and positive results for the last two consecutive quarters. The stock's fair valuation compared to peers, along with a low debt-to-equity ratio and increasing institutional investor participation, suggests a stable outlook, although recent delivery volume has fallen significantly.
In the broader market context, India Pesticides Ltd has outperformed its sector by 0.32% today, despite the stock's negative returns over the past week and month. The benchmark index, Sensex, has also experienced declines, with a 1-week return of -0.78% and a 1-month return of -0.55%. This indicates that while the stock is facing challenges, it is not alone in its struggles, as the overall market sentiment appears subdued. The company's ability to maintain a positive trajectory in net sales and profit margins may provide some resilience against broader market pressures.