Why is Ugro Capital falling/rising?

As of 10-Nov, Ugro Capital Ltd's stock price is currently at Rs 174.00, reflecting a decrease of Rs 2.65 or 1.5%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 4.24% during this period. Despite opening with a gain of 4.1% today and reaching an intraday high of Rs 183.9, it ultimately touched a low of Rs 172.45. The stock has underperformed its sector by 2.1% today and is trading below all key moving averages, indicating a bearish sentiment. Although the company shows strong long-term fundamentals, with impressive growth in operating profits and net sales, the stock has generated a significant return of -28.64% over the past year, which may be contributing to investor caution.
In the broader market context, Ugro Capital's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.53% over the past week while Ugro Capital has dropped by 4.19%. This stark contrast highlights the stock's underperformance relative to the market. Despite high institutional holdings at 30.58%, which typically suggests confidence in the company's fundamentals, the recent price movements and the stock's significant year-to-date decline of 24.84% compared to the Sensex's gain of 6.91% indicate a challenging environment for Ugro Capital.