Why is Zuari Agro Chem. falling/rising?

As of 26-Aug, Zuari Agro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 382.00, reflecting a decrease of 3.0 points or 0.78%. Despite this drop, the stock has shown strong performance over the past week and month, with returns of 12.62% and 77.88%, respectively. The stock is currently trading close to its 52-week high, just 3.31% away from Rs 394.65. However, it did touch an intraday low of Rs 363.5, indicating some volatility. The company has reported very positive financial results, including a significant growth in operating profit and net sales, which has attracted institutional investors, increasing their stake by 1.33%. This suggests that while the stock is facing a short-term decline, its long-term fundamentals remain strong.
In the broader market context, the Sensex has seen a slight decline of 1.05% over the past week, contrasting with Zuari Agro Chemicals' positive short-term performance. However, the fertilizer sector has faced a downturn of 2.66%, which may be influencing the stock's current price movement. The decline in delivery volume by 37.18% against the 5-day average indicates a decrease in investor participation, which could also be contributing to the stock's downward pressure. Overall, while Zuari Agro Chemicals has outperformed the market in the long term, the recent price drop may be attributed to sector-wide challenges and reduced trading activity.