Why is Rallis India falling/rising?

As of 19-Sep, Rallis India Ltd's stock price is currently at 334.65, reflecting a decline of 5.45, or 1.6%. The stock has underperformed its sector by 1.83% today, having touched an intraday low of Rs 333.2. Over the past week, the stock has shown a slight increase of 0.66%, but it has significantly underperformed over the past month with a decline of 10.47%. Despite a year-to-date gain of 12.68%, the stock's recent performance has been affected by a notable drop in investor participation, with delivery volume falling by 43.84% compared to the five-day average. The company has a low debt-to-equity ratio and has reported positive financial results, with significant growth in profit after tax and net sales, which may support a hold recommendation despite the current price drop.
In the broader market context, Rallis India's recent performance contrasts with the Sensex, which has gained 0.88% over the past week and 1.20% over the past month. While Rallis India has shown strong returns over the longer term, including a 49.33% increase over three years, its short-term performance has not kept pace with the benchmark. The stock's current trading at a discount compared to peers and high institutional holdings suggest that there is potential for recovery, but the immediate decline indicates a lack of momentum in the short term relative to the overall market.