Why is Sharda Cropchem falling/rising?

As of 12-Sep, Sharda Cropchem Ltd's stock price is currently at 883.50, reflecting a decrease of 9.05 points or 1.01%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.34% during this period. Additionally, the stock has underperformed its sector by 0.33%. In terms of returns, the stock has seen a decline of 2.91% over the past week and 9.34% over the past month, contrasting with a strong year-to-date increase of 11.48% and a remarkable 55.00% rise over the past year. Despite these recent declines, the company has reported very positive financial results, including a significant net profit growth of 424.04% and a low debt-to-equity ratio, which may support its valuation and long-term prospects.
In the broader market context, the Sensex has increased by 1.48% over the past week and 2.08% over the past month, indicating that the stock's recent decline is occurring against a backdrop of overall market gains. This suggests that Sharda Cropchem's performance is not aligned with the broader market trends. While the stock has shown strong long-term performance, outperforming the BSE500 over various periods, the recent drop in investor participation, as evidenced by a 58.93% decrease in delivery volume, may be contributing to its current price decline.