Why is Zuari Agro Chem. falling/rising?

As of 28-Aug, Zuari Agro Chemicals Ltd's stock price is currently at 376.45, reflecting a decline of 5.55 points or 1.45%. The stock has been under pressure, having fallen for the last two consecutive days, resulting in a total drop of 2.22% during this period. Despite this recent downturn, the stock has shown impressive performance over the longer term, with a return of 82.74% over the past year and a significant growth in operating profit of 170.67% reported in June. Additionally, the stock is trading above its moving averages and is close to its 52-week high, indicating strong underlying performance. However, there has been a notable decrease in investor participation, with delivery volume falling by 34.96% against the five-day average, which may be contributing to the recent price decline.
In the broader market context, Zuari Agro Chemicals has outperformed the benchmark Sensex over various time frames, including a 71.39% increase over the past month compared to a 1.00% decline in the index. This indicates that while the stock is experiencing a short-term setback, its long-term trajectory remains strong. The recent increase in institutional investor participation, with a 1.33% rise in their stake, suggests confidence in the company's fundamentals, which may help stabilize the stock in the future. Overall, while the stock is currently facing downward pressure, its strong historical performance and positive financial indicators provide a contrasting backdrop to its recent price movement.