Why is Insecticid.India falling/rising?

As of 18-Sep, Insecticides India Ltd is experiencing a decline in its stock price, currently at 770.35, reflecting a decrease of 2.7 points or 0.35%. The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total drop of 1.34%. Despite this, the stock outperformed its sector by 0.45% today, and the delivery volume has increased by 7.49% compared to the 5-day average, indicating rising investor participation. Over the past week and month, the stock has seen declines of 1.89% and 6.14%, respectively, while it has generated a year-to-date return of 13.55%. The company has shown strong financial performance, with positive results over the last six quarters, including a significant growth in profit after tax and net sales, which may support its valuation despite the recent price drop.
Broader market context shows that Insecticides India Ltd has been lagging behind the benchmark Sensex, which has gained 1.80% over the past week and 2.14% over the past month. While the stock has a low debt-to-equity ratio and is trading at a discount compared to its peers, the overall market performance has been more favorable, contributing to the stock's relative weakness. Additionally, the stock's performance over the past year has been poor, with a return of -14.87%, despite a rise in profits, indicating that market sentiment may be weighing heavily on the stock's price movements.