Why is Nirman Agri falling/rising?

As of 31-Jul, Nirman Agri Genetics Ltd is currently priced at Rs. 151.25, reflecting an increase of Rs. 3.35 or 2.27%. Despite this recent uptick, the stock has faced significant downward pressure, with a one-week decline of 16.55% and a one-month drop of 22.73%. Today, the stock hit a new 52-week low of Rs. 140.5 earlier in the day but has since outperformed its sector by 5.13%. Although it is trading below all key moving averages, there has been a notable increase in investor participation, with delivery volume rising by 55.57% compared to the five-day average. The company has demonstrated strong financial performance, with net sales growing at an annual rate of 159.80% and a positive trajectory in profits, which may contribute to the stock's recent price increase.
Broader Market Context: In the context of the broader market, the Sensex has only declined by 1.17% over the past week, indicating that Nirman Agri's performance is significantly lagging behind the benchmark. The stock's year-to-date performance shows a stark contrast, with a decline of 61.50% compared to the Sensex's gain of 4.75%. This disparity highlights the challenges faced by Nirman Agri despite its strong operational metrics, such as a high return on equity and low debt-to-equity ratio, which suggest potential for long-term growth. The overall market sentiment may be affecting investor confidence, leading to the stock's volatility despite its positive financial indicators.