Why is Paradeep Phosph. falling/rising?

As of 26-Sep, Paradeep Phosphates Ltd is experiencing a decline in its stock price, currently at Rs 182.45, which reflects a decrease of Rs 10.55 or 5.47%. Today's price summary indicates that the stock has underperformed its sector by 3.21% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 181.5, and the weighted average price suggests that more volume was traded closer to this low price. Over the past week, the stock has shown a modest gain of 1.50%, but it has significantly underperformed over the past month with a decline of 19.25%. Despite the company's strong long-term growth indicators, including a net profit growth of 60.19% and consistent positive results over the last four quarters, the current price movement reflects investor concerns about its high valuation and recent performance.
Broader market context shows that the fertilizer sector has declined by 2.26%, contributing to the stock's downward movement. While Paradeep Phosphates has outperformed the benchmark Sensex in the long term, generating a return of 118.50% over the past year compared to the Sensex's decline of 6.30%, the recent short-term performance contrasts sharply with the benchmark's decline of 2.66% over the past week. This suggests that while the company has strong fundamentals and institutional support, the current market sentiment and sector performance are negatively impacting its stock price.