Why is JK Agri Genetics falling/rising?

As of 17-Sep, JK Agri Genetics Ltd is currently priced at 514.40, reflecting a decrease of 15.6 points or 2.94%. The stock opened the day with a gain of 3.58%, reaching an intraday high of Rs 549, but subsequently fell to a low of Rs 504, indicating significant volatility. Over the past week, the stock has underperformed, showing a decline of 4.74%, while its one-month performance remains strong at a gain of 24.09%. Despite the positive growth in net profit of 43.12% reported in June, which suggests strong fundamentals, the stock's recent performance has been negatively impacted by a significant drop in investor participation, with delivery volume falling by 58.02% compared to the five-day average.
In the broader market context, the Sensex has increased by 1.56% over the past week, contrasting with JK Agri Genetics' decline. This underperformance against the benchmark indicates that while the company has shown positive financial results, it is struggling to maintain momentum in a rising market. Additionally, the stock's liquidity remains adequate, but the higher moving averages suggest that it may be facing resistance at current levels. Overall, the combination of strong financial indicators and recent price volatility reflects a complex situation for JK Agri Genetics, where positive fundamentals are overshadowed by immediate market pressures.