Why is SKM Egg Prod. falling/rising?

As of 19-Sep, SKM Egg Products Export (India) Ltd is experiencing a decline in its stock price, currently at Rs 348.40, which reflects a decrease of Rs 6.6 or 1.86%. Today's price summary indicates that the stock has underperformed its sector by 1.27% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 341.6, representing a drop of 3.77%. Despite this decline, the stock has shown strong performance over the past week, month, and year, with returns of 1.63%, 6.67%, and 34.52%, respectively. Positive factors contributing to the stock's overall performance include a low Debt to EBITDA ratio, healthy long-term growth in operating profit, and rising promoter confidence, as promoters have increased their stake by 0.85%.
Broader market context shows that while SKM Egg Products has outperformed the benchmark Sensex in the short term, the stock's current decline contrasts with its strong historical performance, where it has generated a return of 34.52% over the past year compared to the Sensex's decline of 0.67%. The stock's liquidity remains adequate for trading, and rising investor participation suggests ongoing interest despite today's price drop. Overall, while the stock is facing a short-term setback, its long-term growth prospects and recent positive developments may support a recovery in the near future.