Why is Kriti Nutrients falling/rising?

As of 23-Jul, Kriti Nutrients Ltd is experiencing a price increase, currently at Rs 110.90, reflecting a change of 1.4 (1.28%) upward. The stock has outperformed its sector by 1.58% today and reached an intraday high of Rs 113.5, marking a 3.65% increase. However, despite this positive movement, the stock has shown a decline of 1.86% over the past month and a year-to-date decrease of 12.33%. The company has a low Debt to Equity ratio and an attractive ROE of 18.6, but it is trading at a premium compared to its peers. The stock's performance is tempered by a significant drop in profits of 18.2% over the past year and a concerning 51.5% decline in PAT for the most recent quarter.
In the broader market context, the stock's short-term return of +1.28% over the past week contrasts with the Sensex's modest gain of +0.11%, indicating a stronger performance relative to the benchmark. However, the stock's long-term performance is less favorable, with a year-over-year return of -2.16% compared to the Sensex's +2.86%. The falling investor participation, as evidenced by a 17.91% decrease in delivery volume, raises concerns about liquidity and investor confidence. Additionally, the lack of domestic mutual fund investment suggests that institutional investors may be wary of the stock's valuation and growth prospects, further influencing its price dynamics.