Why is V I P Inds. falling/rising?

As of 17-Jul, V I P Industries Ltd is experiencing a decline in its stock price, currently at 474.75, which reflects a decrease of 6.15 or 1.28%. The stock has underperformed its sector by 2.24% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 1.75%. Despite trading above its moving averages across various time frames, the stock has shown weak long-term fundamental strength, highlighted by a significant decline in operating profits and negative results for the last eight consecutive quarters. The company's high Debt to EBITDA ratio and low return on equity further contribute to its risk profile, leading to a negative sentiment among investors.
In the broader market context, V I P Industries has outperformed the benchmark Sensex over the past week and month, with returns of 5.79% and 13.29%, respectively. However, the stock has consistently underperformed the benchmark over the last three years, with a return of -25.08% compared to the Sensex's 53.01%. This underperformance, coupled with a significant drop in delivery volume and a high level of institutional holdings, suggests that while there may be some short-term gains, the long-term outlook remains challenging, contributing to the current decline in stock price.