Why is India Pesticides falling/rising?

As of 24-Sep, India Pesticides Ltd is experiencing a decline in its stock price, currently at Rs 219.00, which reflects a decrease of Rs 8.1 or 3.57%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.4% during this period. Additionally, the stock's performance today has underperformed the sector by 3.25%. Despite positive financial results in recent quarters, including a significant growth in net profit and sales, the stock's recent movement is affected by a notable drop in investor participation, with delivery volume decreasing by 76.57% compared to the five-day average. Furthermore, while the stock has shown a year-to-date return of 20.89%, its three-year performance has been poor, with a decline of 28.24%.
In the broader market context, the stock's short-term return of -7.32% over the past week contrasts sharply with the Sensex, which has only declined by 1.18%. This indicates that India Pesticides Ltd is not only facing internal challenges but is also lagging behind the overall market performance. The recent increase in institutional investor participation, which has risen by 0.67%, may provide some support, but the current liquidity issues and falling trading volumes suggest a cautious sentiment among retail investors. Overall, the combination of declining stock performance, reduced investor activity, and underperformance relative to the benchmark contributes to the current downward trend in India Pesticides Ltd's stock price.