Why is Sh.Pushkar Chem. falling/rising?

As of 22-Aug, Shree Pushkar Chemicals & Fertilizers Ltd is experiencing a decline in its stock price, currently at Rs 338.30, which reflects a decrease of Rs 4.3 or 1.26%. Today's price summary indicates that the stock underperformed its sector by 1.31%, with an intraday low of Rs 331.6, representing a drop of 3.21%. Additionally, the stock has shown a negative return of 2.25% over the past week and 8.23% over the past month, despite a strong year-to-date return of 5.69% and a notable 30.04% increase over the last year. The company's recent performance has been impacted by a significant drop in delivery volume, which fell by 81.65% compared to the 5-day average, indicating reduced investor participation.
In the broader market context, while the Sensex has gained 0.88% over the past week and 4.05% year-to-date, Shree Pushkar Chemicals has struggled to keep pace, particularly in the short term. Despite the company's strong fundamentals, including a low debt-to-equity ratio and impressive profit growth of 63.24%, the stock is currently trading at a premium compared to its peers. This premium valuation, combined with recent underperformance in both short-term and long-term returns relative to the benchmark, may be contributing to the stock's current decline.