Why is IVP falling/rising?

As of 07-Jul, IVP Ltd's stock price is currently at Rs 192.50, reflecting a decrease of Rs 5.15 or 2.61%. The stock has been underperforming, having fallen consecutively over the last two days with a total decline of 3.07%. Today's trading saw the stock touch an intraday low of Rs 186.05, marking a significant drop of 5.87%. Despite a healthy long-term growth rate in operating profit of 42.85%, the stock has generated a return of -1.26% over the past year, coinciding with a 7.9% decline in profits. Additionally, the stock's performance has been hindered by a substantial drop in investor participation, with delivery volume falling by 72.51% compared to the 5-day average.
In the broader market context, IVP Ltd's short-term performance has been relatively weak compared to the benchmark, as it has underperformed the Sensex, which has shown a slight decline of 0.20% over the past week while IVP gained 0.60%. Over the last three years, the stock has consistently lagged behind the benchmark, generating negative returns and reflecting a trend of underperformance. This consistent underperformance, coupled with flat results and declining financial metrics such as PAT and ROCE, contributes to a negative sentiment surrounding the stock, leading to its current price decline.