Why is V I P Inds. falling/rising?

As of 24-Jul, V I P Industries Ltd is experiencing a decline in its stock price, currently at Rs 450.90, which reflects a decrease of Rs 11.7 or 2.53%. The stock has underperformed its sector by 2.3% today, with an intraday low of Rs 449.7. Over the past week, the stock has seen a decline of 5.02%, while it has shown a modest increase of 2.83% over the past month. However, the long-term performance is concerning, with a year-to-date decline of 6.27% and a significant drop of 32.14% over the past three years. The company's fundamentals are weak, highlighted by a negative growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.85 times. Additionally, the company has reported negative results for the last eight consecutive quarters, further impacting investor confidence.
In the broader market context, the Sensex has remained relatively stable, with a slight decline of only 0.09% over the past week and an increase of 5.18% year-to-date. This indicates that the decline in V I P Industries Ltd's stock price is not reflective of the overall market trend, suggesting company-specific issues are at play. The stock's liquidity is adequate, but a significant drop in delivery volume by 68.43% against the five-day average indicates falling investor participation, which may contribute to the downward pressure on the stock price. Overall, the combination of weak financial performance, negative operating profits, and consistent underperformance against benchmarks has led to the current decline in V I P Industries Ltd's stock.