Why is Rallis India falling/rising?

As of 26-Sep, Rallis India Ltd's stock price is currently at Rs 309.75, reflecting a decrease of Rs 9.1 or 2.85%. The stock has been underperforming, having fallen for three consecutive days with a total decline of 5.81% during this period. It opened lower today with a loss of 2.37% and reached an intraday low of Rs 307.55. Over the past week, the stock has decreased by 7.44%, and over the past month, it has seen a significant drop of 15.60%. Despite these declines, the company has reported positive financial results, including a 43.14% growth in profit after tax and a 22.22% increase in net sales, which may indicate underlying strength. However, the stock is currently trading below several short-term moving averages, and there has been a notable decline in investor participation, with delivery volume falling by 46.74% against the five-day average.
In the broader market context, the stock has underperformed the benchmark Sensex, which has declined by only 2.66% over the past week. While Rallis India has a year-to-date return of 4.29%, the recent performance contrasts sharply with the benchmark's modest gain of 2.93%. The overall sector, Pesticides & Agrochemicals, has also faced a downturn, falling by 2.05%. Despite high institutional holdings at 25.54%, which typically provide stability, the stock's recent price movements suggest that market sentiment is currently negative, influenced by broader sector trends and declining investor engagement.