Why is Narmada Agrobase falling/rising?

As of 22-Aug, Narmada Agrobase Ltd's stock price is currently at 21.72, reflecting a decline of 0.78, or 3.47%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.81% during this period. In the past week, the stock has decreased by 6.54%, while its performance over the past month shows a slight decline of 0.96%. Despite these short-term challenges, the company has reported positive results over the last six consecutive quarters, with net sales growing by 30.22%. Additionally, the promoters have increased their stake in the company, indicating confidence in its future prospects. However, the stock's liquidity has decreased, with delivery volume falling by 55.31% compared to the five-day average, which may contribute to the recent price drop.
In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting sharply with Narmada Agrobase's significant decline. The agriculture sector, in which Narmada operates, has also experienced a downturn, falling by 2.82%. While the stock has generated a negative return of 7.57% over the past year, it is trading at a discount compared to its peers, and its long-term growth potential remains strong with an annual operating profit growth rate of 46.58%. Despite the recent price decline, the company's fundamentals suggest a potential for recovery, provided market conditions improve.