Why is Zuari Agro Chem. falling/rising?

As of 12-Sep, Zuari Agro Chemicals Ltd is currently priced at 266.65, reflecting a decline of 4.55 points or 1.68%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 5.83%. Despite opening with a gain of 3.15% today and reaching an intraday high of Rs 279.75, it has also touched a low of Rs 265.3. Over the past week, the stock has decreased by 7.49%, and in the last month, it has seen a significant decline of 28.73%. However, it has shown strong performance year-to-date with a return of 24.66%. The company has reported positive financial results, including a 170.67% growth in operating profit and a 77.37% increase in PAT over the last nine months, which suggests a strong underlying business. Additionally, institutional investors have increased their stake, indicating confidence in the company's fundamentals.
In the broader market context, while the stock has generated a return of 38.81% over the past year, the benchmark Sensex has experienced a slight decline of 1.28%. This indicates that Zuari Agro Chemicals has outperformed the market significantly in the long term. However, the recent short-term performance has been poor compared to the Sensex, which has gained 1.48% over the past week. The stock's recent underperformance against both its sector and the benchmark, coupled with the consecutive declines, suggests that market sentiment may be shifting despite the company's strong fundamentals.