Why is Oceanic Foods falling/rising?

As of 29-Aug, Oceanic Foods Ltd is currently priced at 69.11, reflecting a decline of 3.53 points or 4.86%. The stock has been underperforming, having lost 11.47% over the last three days, despite opening with a 2% gain today and reaching an intraday high of Rs 74.09. The stock's performance over the past week shows a gain of 1.63%, and it has outperformed the benchmark Sensex over the last month and year-to-date, with returns of 7.26% and 41.04%, respectively. However, the stock is currently trading lower than its 5-day moving averages, and there has been a significant drop in investor participation, with delivery volume decreasing by 51.77% compared to the 5-day average.
In the broader market context, while Oceanic Foods has shown strong long-term performance, outperforming the BSE500 over various periods, the recent price decline indicates a shift in sentiment. The stock's attractive valuation, supported by positive financial results over the last eight quarters, including a 32.57% growth in net sales, suggests underlying strength. However, the recent consecutive falls and lower trading volumes may reflect investor caution or profit-taking after a strong run, despite the company's solid fundamentals and majority ownership by promoters.