Why is Sharda Cropchem falling/rising?

As of 26-Aug, Sharda Cropchem Ltd is experiencing a decline in its stock price, currently at Rs 967.20, which reflects a decrease of Rs 10.5 or 1.07%. Today's price summary indicates that the stock touched an intraday low of Rs 943.4, marking a drop of 3.51%. Despite this, the stock has outperformed its sector by 0.69% today, and there has been a notable increase in investor participation, with delivery volume rising by 31.08% against the 5-day average. Over the past week, the stock has shown a modest gain of 1.17%, although it has faced a significant decline of 11.13% over the past month. The company has demonstrated strong financial performance, with a net profit growth of 424.04% and positive results for the last five consecutive quarters, which supports its strong buy status.
In the broader market context, while Sharda Cropchem has outperformed the Sensex over the past year with a return of 66.80% compared to the benchmark's decline of 1.12%, it has faced challenges in the short term, as indicated by its 1-month performance. The Sensex has only decreased by 0.83% during the same period, suggesting that the stock's recent struggles may be more pronounced than the overall market. Despite the current price drop, the company maintains a solid financial foundation with a low debt-to-equity ratio and strong growth metrics, which could position it favorably for recovery in the longer term.