Why is Sanjiv.Parant. falling/rising?

As of 21-Jul, Sanjivani Paranteral Ltd's stock price is currently at Rs 236.95, reflecting a decline of Rs 10.45 or 4.22%. Today's price summary indicates that the stock underperformed its sector by 3.9%, with an intraday high of Rs 255 and a low of Rs 235.6. Despite the recent drop, the stock has shown positive performance over the past week and month, with returns of 7.46% and 8.62%, respectively. The company has demonstrated high management efficiency with a return on equity of 21.72%, and its net sales have grown significantly at an annual rate of 33.78%. Additionally, the promoters have increased their stake by 1.2%, indicating confidence in the company's future.
Broader Market Context: In comparison to the benchmark, the stock has outperformed the Sensex over the past week and month, while it has underperformed year-to-date with a decline of 37.97% against the Sensex's increase of 5.20%. The stock's recent decline could be attributed to its underperformance today, despite positive long-term growth indicators and rising investor participation. The liquidity of the stock remains adequate, allowing for continued trading activity, but the current price movement suggests that investors may be reacting to short-term fluctuations rather than the company's strong fundamentals.