Why is Saptarishi Agro falling/rising?

As of 25-Jul, Saptarishi Agro Industries Ltd is experiencing a decline in its stock price, currently at Rs 51.40, reflecting a decrease of 0.4 or 0.77%. The stock has recently underperformed its sector by 1.01% and has seen a trend reversal after eight consecutive days of gains. Despite this recent downturn, the stock has shown impressive performance over various periods, with a 20.35% increase over the past week and a remarkable 281.02% rise over the last three years. The company has reported strong financial growth, including a 385.35% increase in net sales and a significant rise in operating profit, which supports its long-term growth potential. However, the stock is currently trading at a high valuation compared to its earnings growth, indicated by a PEG ratio of 16.7, which may contribute to the recent price decline.
In the broader market context, Saptarishi Agro's short-term performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.36% over the past week. While the stock has outperformed the Sensex in the long term, generating a 56.56% return year-to-date compared to the Sensex's 4.25%, the recent drop in investor participation, with a 34.01% decrease in delivery volume, may indicate waning interest among investors. This decline in trading activity, coupled with the stock's recent price drop, suggests that while the company has strong fundamentals, market sentiment may be shifting, leading to the current price movement.