Why is JK Agri Genetics falling/rising?

As of 19-Sep, JK Agri Genetics Ltd is currently priced at 495.00, reflecting a decline of 11.8 points or 2.33%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.6% during this period. Today's trading saw the stock reach an intraday low of Rs 491.65, and the volume traded was notably lower, with a delivery volume drop of 67.11% compared to the five-day average. Despite a positive net profit growth of 43.12% reported in June, which indicates strong company performance, the stock's recent price movement suggests a lack of investor confidence, possibly influenced by the significant drop in trading volume and the stock's underperformance against its sector.
In the broader market context, JK Agri Genetics has experienced a 6.80% decline over the past week, contrasting sharply with the Sensex, which has gained 0.88% during the same period. While the stock has shown positive returns over the longer term, including a 17.19% increase over the past month, its recent performance indicates a troubling trend. The stock's returns over three years are negative at -2.09%, while the Sensex has risen by 39.71%, highlighting a significant underperformance relative to the benchmark. This disparity, combined with the recent decline in investor participation, suggests that market sentiment may be weighing heavily on JK Agri Genetics, contributing to its current price drop.