Why is Modern Dairies falling/rising?

As of 13-Aug, Modern Dairies Ltd is currently priced at 51.45, reflecting a decrease of 0.15 or 0.29%. The stock has underperformed its sector today by 0.42% and has been on a downward trend, experiencing consecutive falls over the last two days with a total decline of 9.8%. In terms of returns, the stock has decreased by 1.76% over the past week and 6.37% over the past month, while it has shown a year-to-date decline of 15.45%. Despite these short-term challenges, the company has demonstrated high management efficiency with a return on equity (ROE) of 41.61% and a low debt-to-equity ratio, indicating financial stability. However, recent quarterly results have shown significant declines in profit after tax and net sales, which may be contributing to the stock's current negative momentum.
Broader market context indicates that while Modern Dairies has underperformed the Sensex in the short term, it has outperformed the benchmark over the longer term, with a notable 446.76% increase over the past three years. The stock's recent struggles are juxtaposed against its historical performance, where it generated a 3.94% return over the last year, alongside a substantial profit increase of 48.1%. Despite the attractive valuation indicated by a PEG ratio of 0.2 and consistent returns over the last three years, the flat results reported for June, particularly the sharp decline in PAT and net sales, suggest that investor sentiment may be negatively impacted, leading to the stock's current decline.