Why is Sharda Cropchem falling/rising?

As of 17-Sep, Sharda Cropchem Ltd's stock price is currently at 900.60, reflecting an increase of 11.6 points or 1.3%. The stock has been gaining over the last three days, with a total return of 1.94% during this period. However, it has underperformed its sector by 2.65% today. Despite this short-term underperformance, the stock has shown strong long-term returns, with a year-to-date increase of 13.64% and an impressive 57.96% rise over the past year. The company has reported very positive financial results, including a 424.04% growth in net profit, and has consistently declared positive results for the last five quarters, contributing to its attractive valuation and market position.
Broader Market Context: In the short term, Sharda Cropchem's performance has lagged behind the Sensex, which has risen by 1.56% over the past week, while the stock itself has only increased by 0.57%. Despite this, the broader market context remains favorable for the company, particularly in the Pesticides & Agrochemicals sector, which has gained by 3.86%. The stock's liquidity remains adequate, although there has been a decline in investor participation, as indicated by a drop in delivery volume. Overall, while the stock has shown resilience and strong long-term performance, its recent underperformance relative to the sector and benchmark may be a concern for investors.