Why is Eveready Inds. falling/rising?

As of 11-Sep, Eveready Industries India Ltd is currently priced at 444.80, reflecting a decrease of 2.15, or 0.48%. The stock has been underperforming recently, having fallen consecutively for the last five days, resulting in a total decline of 5.08% during this period. Today's performance indicates that it has underperformed its sector by 0.42%. Despite touching an intraday high of Rs 457.3, the stock's delivery volume has decreased significantly, falling by 26.83% against the five-day average, suggesting a decline in investor participation. While the company has shown strong management efficiency and positive results over the last nine quarters, its long-term growth prospects appear limited, with net sales and operating profit growing at only 3.49% and 3.13% annually over the past five years, respectively.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.03% over the past week and 1.17% over the past month. Year-to-date, Eveready has outperformed the Sensex with a return of 13.30% compared to the benchmark's 4.36%. However, the recent decline in stock price, coupled with falling investor participation, indicates a potential shift in market sentiment despite the company's attractive valuation and strong operational metrics. The combination of short-term underperformance and concerns over long-term growth may be contributing to the stock's current downward trend.