Why is M B Agro Prod. falling/rising?

As of 18-Jul, Madhya Bharat Agro Products Ltd is experiencing a decline in its stock price, currently at 423.80, reflecting a decrease of 6.45 points or 1.5%. Today's price summary indicates that the stock has underperformed its sector by 0.35%, with a notable drop in investor participation as the delivery volume fell by 45.74% compared to the 5-day average. Despite this recent decline, the stock has demonstrated strong performance over longer periods, with a 1-month return of 19.87% and a year-to-date return of 84.71%. The company has shown impressive growth metrics, including a 145.52% increase in net profit and a consistent record of positive results over the last three quarters, which supports its long-term growth narrative.
In the broader market context, while the stock has outperformed the Sensex over various time frames, including a 1-year return of 89.19% compared to the benchmark's 0.68%, the current short-term performance reflects a divergence from this trend. The stock's valuation appears expensive with a ROCE of 15.7 and a PEG ratio of 0.3, which may deter some investors, particularly given the lack of domestic mutual fund investment in the company. This cautious sentiment may contribute to the recent price decline, despite the company's strong historical performance and growth potential.