Why is Sharda Cropchem falling/rising?

As of 03-Nov, Sharda Cropchem Ltd's stock is currently priced at 817.00, reflecting a decline of 47.2 points or 5.46%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total drop of 14.33%. Today's trading saw the stock reach an intraday low of Rs 806.05, indicating a significant decrease of 6.73%. Over the past week, the stock has experienced a decline of 12.74%, contrasting with the Sensex, which only fell by 0.94%. Despite the company's positive financial indicators, such as a low debt-to-equity ratio and consistent profit growth over the last six quarters, the stock's performance has been negatively impacted by declining investor participation and liquidity issues.
Broader Market Context: In the context of the broader market, Sharda Cropchem's short-term performance has significantly lagged behind the Sensex, which has shown a positive return of 3.41% over the past month. While the company has demonstrated strong fundamentals, including a high return on capital employed and attractive valuation metrics, the recent price movement suggests that investor sentiment may be influenced by the stock's recent underperformance relative to both its sector and the overall market. The combination of falling delivery volumes and the stock trading below several moving averages indicates a bearish trend, contributing to its current price decline.