Why is Patanjali Foods falling/rising?

As of 22-Aug, Patanjali Foods Ltd is experiencing a decline in its stock price, currently at 1,804.05, reflecting a decrease of 8.45 points or 0.47%. The stock has been losing value for the past two days, with a total drop of 0.63% during this period. While the stock's performance over the past week shows a positive return of 2.02%, its one-month performance is notably negative at -6.99%. Additionally, the company has reported a significant fall in quarterly profit after tax, down 44.5% compared to the previous four-quarter average, and its operating profit to net sales ratio is at its lowest. The increase in pledged promoter shares, now at 37.77%, further adds to the downward pressure on the stock.
In the broader market context, the Sensex has shown a modest gain of 0.88% over the past week, indicating that Patanjali Foods' short-term performance is outperforming the benchmark. However, the stock's one-month return of -6.99% contrasts with the Sensex's decline of only 1.07%, suggesting that the stock is underperforming relative to the market. Despite the company's strong long-term growth potential, indicated by a healthy annual growth rate in net sales and operating profit, the current valuation appears expensive, which may be contributing to investor caution and the stock's recent decline.