Why is SKM Egg Prod. falling/rising?

As of 28-Aug, SKM Egg Products Export (India) Ltd is experiencing a decline in its stock price, currently at Rs. 354.85, which represents a decrease of Rs. 8.85 or 2.43%. Today's price summary indicates that the stock opened with a loss of 2.75% and reached an intraday low of Rs. 344.4, reflecting a drop of 5.31%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 8.68% and 19.32%, respectively. The company has recently hit a new 52-week high of Rs. 369, but the current trend suggests a reversal after four consecutive days of gains. Positive factors include a low Debt to EBITDA ratio, strong operating profit growth, and rising promoter confidence, as promoters have increased their stake by 0.85%. However, the stock's profits have fallen by 37.7% over the past year, which may be contributing to the current price drop.
In the broader market context, SKM Egg Products has outperformed the benchmark Sensex in both the short and long term, with a year-to-date return of 41.01% compared to the Sensex's 2.48%. However, the stock underperformed its sector by 1.5% today, indicating that while it has shown resilience and strong returns historically, recent price movements suggest volatility and investor caution. The stock's liquidity remains adequate for trading, but the significant drop today may reflect market reactions to the recent profit decline and the overall sentiment in the sector.