Why is Sumuka Agro falling/rising?

As of 04-Jul, Sumuka Agro Industries Ltd is currently priced at 240.40, reflecting a decrease of 0.6 or 0.25%. The stock has underperformed its sector today by 6.17% and has experienced a consecutive decline over the last two days, resulting in a total drop of 4.03%. In terms of returns, the stock has shown a year-to-date increase of 20.20% and a one-year increase of 21.88%, indicating strong long-term performance despite recent challenges. However, negative factors such as a significant drop in profit before tax and net sales, along with a high price-to-book value compared to peers, suggest that the stock may be perceived as overvalued. Additionally, a decrease in institutional investor participation could signal waning confidence among more sophisticated investors.
In the broader market context, the Sensex has shown a slight decline of 0.74% over the past week, while Sumuka Agro has fallen by 3.65% in the same period, indicating that the stock's short-term performance is significantly worse than the benchmark. Despite the overall market conditions, the Paper & Paper Products sector has gained by 5.96%, further highlighting Sumuka Agro's underperformance. The stock's liquidity remains adequate, but the falling delivery volume suggests a decrease in investor interest, which could contribute to the ongoing price decline.