Why is Rallis India falling/rising?

As of 16-Sep, Rallis India Ltd's stock price is currently at 339.10, reflecting an increase of 1.75 or 0.52%. The stock has been gaining for the last two days, with a total return of 2% during this period. However, over the past week, it has declined by 2.25%, and in the last month, it has seen a more significant drop of 10.77%. Despite this recent downturn, the company has reported positive financial results, with a notable growth in profit after two consecutive negative quarters, which may contribute to the stock's recent upward movement. The company's low debt-to-equity ratio and high institutional holdings indicate a stable financial position, and its current trading price is at a discount compared to peers, suggesting potential for future growth.
In the broader market context, the Sensex has increased by 1.58% over the past week and 2.21% over the past month, indicating that Rallis India is underperforming relative to the benchmark in the short term. The stock's performance today is described as inline with the sector, but the falling investor participation, evidenced by a significant drop in delivery volume, may signal caution among retail investors. Overall, while Rallis India has shown some positive financial indicators and a recent uptick in price, its recent performance relative to the benchmark and declining trading volume may temper investor enthusiasm.