Why is Modi Naturals falling/rising?

As of 30-Jun, Modi Naturals Ltd's stock price is currently at 517.70, reflecting an increase of 14.75 or 2.93%. Today's price summary indicates that the stock has outperformed its sector by 2.75% and has experienced a trend reversal, gaining after three consecutive days of decline. The stock opened with a gap up of 5.17% and reached an intraday high of Rs 528.95. Over the past week, the stock has risen by 3.75%, although it has seen a decline of 1.47% over the past month. The company has demonstrated strong long-term growth, with operating profit increasing at an annual rate of 53.05%, and it has declared positive results for the last five consecutive quarters. However, it faces challenges such as low management efficiency and a high debt to EBITDA ratio, which may impact investor confidence.
In the broader market context, Modi Naturals' short-term performance of +3.75% over the past week outpaces the Sensex's gain of +2.09% during the same period. Despite the stock's impressive one-year return of 104.62%, which significantly exceeds the Sensex's 5.79%, the company has shown poor performance in the year-to-date comparison, with a decline of 2.11% against the Sensex's increase of 7.00%. This disparity suggests that while the stock has strong long-term potential, its recent struggles and the lack of domestic mutual fund investment may be contributing to a cautious outlook among investors.