Why is Sh.Pushkar Chem. falling/rising?

As of 31-Jul, Shree Pushkar Chemicals & Fertilizers Ltd is experiencing a decline in its stock price, currently at Rs 387.00, which reflects a decrease of Rs 9.0 or 2.27%. The stock has underperformed its sector by 1.67% today and has been on a downward trend for the last two days, resulting in a total decline of 3.06%. It opened significantly lower, with a gap down of 7.79%, reaching an intraday low of Rs 365.15. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 55.73% increase over the past year and a remarkable 251.82% rise over the last five years. The company also maintains a low debt-to-equity ratio of 0.03 times and has reported positive financial results for the last four consecutive quarters, which may provide some support for the stock despite its current decline.
In the broader market context, Shree Pushkar Chemicals has outperformed the benchmark Sensex in both the short and long term, with a 3.99% increase over the past week compared to a 1.22% decline in the Sensex. Additionally, the stock has generated an 8.77% return over the past month while the benchmark has fallen by 3.00%. This indicates that while the stock is currently facing a short-term setback, its overall performance remains strong relative to the market, suggesting that investor sentiment may still be positive in the long run despite the recent price drop.