Why is Zuari Agro Chem. falling/rising?

As of 14-Aug, Zuari Agro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 354.00, reflecting a decrease of Rs 16.95 or 4.57%. The stock has underperformed its sector by 5.22% today and has been on a consecutive downward trend for the last two days, with a total drop of 5.39% during this period. Despite a strong performance over the past month with a return of 75.86% and a year-to-date increase of 65.50%, the stock's recent movement is impacted by a significant drop in investor participation, as evidenced by a 52.78% decrease in delivery volume compared to the five-day average. Additionally, while the stock is trading above its longer-term moving averages, it is below the five-day moving average, indicating short-term weakness.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has shown minimal movement with a decline of only 0.03% over the past week. This suggests that the stock's short-term struggles are not reflective of a broader market downturn. However, the company has demonstrated strong fundamentals, including a 170.67% growth in operating profit and a low debt-equity ratio of 0.39 times, which may support its long-term valuation. The increase in institutional investor participation, with a 1.33% rise in stake over the previous quarter, indicates confidence in the company's fundamentals, potentially positioning it for recovery once current selling pressures subside.