Why is Zuari Agro Chem. falling/rising?

As of 18-Sep, Zuari Agro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 273.00, which reflects a decrease of Rs 11.0 or 3.87%. Today's performance indicates that the stock has underperformed its sector by 2.92%, following a trend reversal after three consecutive days of gains. The stock reached an intraday low of Rs 270.2, marking a 4.86% drop, and the volume traded was notably lower, with a 39.55% decrease in delivery volume compared to the five-day average. Despite a strong year-to-date return of 27.63% and a one-year return of 37.29%, the stock has faced a significant decline of 16.14% over the past month.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has risen by 1.80% over the past week. While Zuari Agro Chemicals has shown positive long-term growth, including a 55.33% return over three years, the recent downturn may be attributed to falling investor participation and a shift in market sentiment. Institutional investors have increased their stake, indicating confidence in the company's fundamentals, but the current market conditions and recent price movements suggest a cautious approach among retail investors.