Why is Zuari Agro Chem. falling/rising?

As of 18-Aug, Zuari Agro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 325.55, which reflects a decrease of Rs 28.45 or 8.04%. The stock has underperformed its sector by 9.32% today and has been on a downward trend for the last three days, resulting in a total drop of 12.99% during this period. The stock reached an intraday low of Rs 318.35, indicating significant volatility with an intraday fluctuation of 7.8%. Despite a strong performance over the past year with a return of 67.81%, the stock has recently shown weakness, particularly in the short term, as evidenced by its 1-week return of -11.98% compared to a slight gain of 0.83% in the Sensex.
In the broader market context, while Zuari Agro Chemicals has demonstrated strong long-term performance, outperforming the BSE500 over various periods, its recent struggles may be attributed to falling investor participation, with delivery volume decreasing by 4.16% against the 5-day average. Additionally, despite positive fundamentals such as a significant growth in operating profit and a low debt-equity ratio, the stock's current volatility and recent price movements suggest that investors are reacting to short-term pressures rather than the company's strong long-term outlook.