Why is L T Foods falling/rising?

As of 22-Sep, L T Foods Ltd is experiencing a decline in its stock price, currently at 456.10, reflecting a decrease of 16.7 points or 3.53%. Today's price summary indicates that the stock has underperformed its sector by 3.28% and has fallen after three consecutive days of gains. The stock touched an intraday low of Rs 452.15, marking a drop of 4.37%. Despite this decline, the stock has shown positive performance over the past month with a return of 5.10%, and a year-to-date return of 8.34%. The company benefits from high management efficiency, a low debt-to-equity ratio, and increasing participation from institutional investors, which collectively suggest a solid fundamental position despite the recent price drop.
In the broader market context, L T Foods' short-term performance has lagged behind the benchmark Sensex, which has gained 0.46% over the past week while the stock itself has decreased by 1.34%. This underperformance may be contributing to the stock's current decline, as investor sentiment can be influenced by relative performance. However, the stock's long-term returns remain strong, with a 295.92% increase over the past three years, indicating that while it faces short-term challenges, its overall trajectory has been positive compared to the broader market.