Why is Jubilant Agri falling/rising?

As of 20-Aug, Jubilant Agri & Consumer Products Ltd is experiencing a decline in its stock price, currently at Rs 2,727.00, which represents a decrease of Rs 91.1 or 3.23%. The stock has underperformed its sector by 5.48% today and has seen a trend reversal after three consecutive days of gains. It touched an intraday low of Rs 2,674, reflecting a drop of 5.11%. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has performed well, gaining 9.50%, and over the past month, it has increased by 37.94%, significantly outpacing the Sensex, which has only risen by 1.64% in the same period. However, there is a notable decrease in investor participation, with delivery volume falling by 35.73% against the 5-day average.
Broader Market Context: The broader market context shows that while the FMCG sector has gained by 2.19%, Jubilant Agri's recent performance indicates a divergence from this positive trend. The stock's short-term returns over the past week and month are significantly higher than the benchmark Sensex, suggesting that the recent decline may be more of a correction after a strong rally rather than a reflection of broader market weakness. The liquidity of the stock remains adequate for trading, but the falling investor participation could signal caution among investors, contributing to the current downward pressure on the stock price.