Why is Zuari Agro Chem. falling/rising?

As of 13-Aug, Zuari Agro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 370.95, reflecting a decrease of Rs 3.2 or 0.86%. Today's price summary indicates that the stock has fallen after two consecutive days of gains, despite reaching an intraday high of Rs 384.8 earlier in the day. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. However, there has been a notable decrease in investor participation, with delivery volume dropping by 34.94% compared to the 5-day average. Over the past week, the stock has gained 2.25%, while it has outperformed the benchmark Sensex significantly over the past month and year, with returns of 84.09% and 86.41%, respectively.
In the broader market context, while Zuari Agro Chemicals has shown strong performance relative to the Sensex, which has seen a slight decline of 0.01% over the past week, the recent drop in stock price may be attributed to the falling investor participation and profit-taking after its recent gains. The company has reported impressive financial metrics, including a 170.67% growth in operating profit and a low debt-equity ratio of 0.39, which have attracted institutional investors, increasing their stake by 1.33%. Despite the current price decline, the stock's long-term performance remains robust, outperforming the BSE500 over various time frames, indicating a strong underlying business despite short-term fluctuations.