Why is Megastar Foods falling/rising?

As of 06-Aug, Megastar Foods Ltd is experiencing a decline in its stock price, currently at Rs 261.00, reflecting a decrease of Rs 7.4 or 2.76%. The stock has underperformed its sector by 2.08% today and has been on a downward trend for the last two days, accumulating a total loss of 4.81% during this period. Despite touching an intraday high of Rs 279, the stock also reached a low of Rs 250.5, indicating significant volatility with an intraday fluctuation of 5.74%. Over the past week, the stock has decreased by 2.68%, and over the past month, it has fallen by 4.73%. Year-to-date, however, it shows a positive return of 17.91%, although it has declined by 7.35% over the past year. Notably, there is a rising investor participation with a significant increase in delivery volume, suggesting some interest despite the recent price drop.
In the broader market context, the Sensex has also seen a decline of 1.15% over the past week and 3.46% over the past month, indicating that the overall market sentiment is somewhat negative. However, Megastar Foods' recent performance has been worse than the benchmark, particularly in the short term, as it has underperformed the Sensex during the same periods. The stock's higher volatility and the wide trading range today reflect uncertainty among investors, which may be contributing to the downward pressure on its price. Overall, while the stock has shown strong long-term growth, recent trends suggest a challenging environment for Megastar Foods in the short term.