Why is Nova Agritech falling/rising?

As of 14-Jul, Nova Agritech Ltd's stock price is currently at 53.60, reflecting a decrease of 0.82, or 1.51%. The stock has shown a performance today that underperformed its sector by 1.71%. In terms of returns, over the past week, the stock has increased by 2.90%, while it has gained 3.78% over the past month. However, it has significantly underperformed over the longer term, with a year-to-date decline of 12.96% and a one-year return of -20.42%. The company has a low Debt to EBITDA ratio of 0.59, indicating a strong ability to service debt, and an attractive valuation with a return on capital employed (ROCE) of 16.7. Despite these positives, the stock has faced challenges, including a flat operating profit growth rate and a significant decline in profit after tax in the latest quarter, contributing to its recent price movement.
In the broader market context, Nova Agritech's short-term performance contrasts with the benchmark, as it has outperformed the Sensex by 4.32% over the past week, while the Sensex has declined by 1.42%. However, the stock has consistently underperformed against the benchmark over the last three years, which may contribute to investor sentiment and the stock's current decline. The overall market conditions and the company's flat results, alongside a consistent trend of underperformance, suggest that while there may be some short-term gains, the long-term outlook remains concerning, influencing the stock's recent price drop.