Why is Patanjali Foods falling/rising?

As of 25-Jul, Patanjali Foods Ltd is currently priced at 1,880.95, reflecting a decline of 10.05 points or 0.53%. The stock has been experiencing a downward trend, having fallen for three consecutive days, resulting in a total return of -3.03% during this period. Despite this short-term decline, the stock has shown strong performance over the longer term, with a 15.17% increase over the past month and a 14.78% increase over the past year. The company has demonstrated a solid ability to service its debt with a low Debt to EBITDA ratio of 0.95 times and has reported positive results for the last four consecutive quarters, including significant growth in net sales and operating profit. However, the stock is perceived as expensive, trading at a premium compared to its peers, and there has been a slight decrease in promoter confidence, with a reduction in their stake by 0.62%.
In the broader market context, while the stock has outperformed its sector by 0.62% today, it has underperformed the benchmark Sensex over the past week, which has seen a decline of only 0.36%. The stock's recent performance contrasts with its strong long-term returns, as it has outpaced the BSE500 index, which has generated negative returns of -0.19% over the last year. The falling investor participation, indicated by a significant drop in delivery volume, may also be contributing to the stock's recent price decline, suggesting a cautious sentiment among investors despite the company's healthy growth metrics.