Why is M B Agro Prod. falling/rising?

As of 17-Jul, Madhya Bharat Agro Products Ltd is experiencing a decline in its stock price, currently at 430.25, which represents a decrease of 5.8 points or 1.33%. Despite this drop, the stock has shown strong performance in the longer term, with a 1-month return of 22.23% and a year-to-date return of 87.52%. Today's price summary indicates that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. However, it underperformed its sector by 0.91%. The company has reported impressive growth metrics, including a net sales increase of 52.40% and a net profit growth of 145.52%, which may support its long-term value despite the current price drop.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has declined by 0.96% over the past week, indicating that M B Agro Prod. has outperformed the market recently. However, the stock's valuation appears expensive with a ROCE of 15.7 and a PEG ratio of 0.3, which may deter some investors. Additionally, the absence of domestic mutual fund investment, which stands at 0%, could reflect a lack of confidence in the stock's current price or business fundamentals. Overall, while the company has demonstrated strong growth and market-beating performance over the long term, the recent price decline may be influenced by valuation concerns and limited institutional support.