Why is Modi Naturals falling/rising?

As of 22-Sep, Modi Naturals Ltd's stock price is currently at 466.00, reflecting an increase of 3.9 (0.84%). Today's price summary indicates that the stock has gained after two consecutive days of decline, although it underperformed its sector by 2.06%. The stock touched an intraday low of Rs 452, and the weighted average price suggests more volume was traded closer to this low. Over the past week, the stock has seen a decline of 0.64%, and year-to-date it has fallen by 11.88%. Despite these short-term challenges, the company has shown strong long-term growth, with a significant increase in operating profit and net profit, alongside positive results for the last six consecutive quarters. However, concerns about management efficiency and high debt levels may be contributing to investor caution.
In the broader market context, the Sensex has gained 0.46% over the past week, contrasting with Modi Naturals' recent decline. While the stock has outperformed the broader market over the past year with a return of 31.27%, its recent performance indicates a divergence from the overall market trend. The stock's ability to generate returns has been notable, especially in light of the negative returns from the BSE500 index. However, the falling investor participation and low domestic mutual fund holdings suggest that market sentiment may be cautious, impacting the stock's price movement despite its strong fundamentals.