Why is V I P Inds. falling/rising?

As of 26-Sep, V I P Industries Ltd is experiencing a decline in its stock price, currently at Rs 409.00, which represents a decrease of Rs 17.1 or 4.01%. The stock has underperformed its sector by 2.47% today and has been on a downward trend for the last two days, accumulating a total loss of 6.8%. It opened with a gap down of 2.71% and reached an intraday low of Rs 388, reflecting a significant drop of 8.94%. The stock's performance over the past week shows a decline of 9.19%, and it has underperformed the benchmark Sensex, which fell by only 2.66%. Additionally, the stock has shown a concerning trend with a high Debt to EBITDA ratio of 3.85 times, indicating low ability to service debt, and has reported negative results for the last nine consecutive quarters, further contributing to its recent price movement.
In the broader market context, while the Sensex has shown resilience with a year-to-date increase of 2.93%, V I P Industries has significantly lagged behind, with a year-to-date decline of 14.98%. The stock's long-term performance is also troubling, with a 39.27% drop over the past three years compared to the Sensex's gain of 40.74%. The company's poor financial health, characterized by a negative operating profit growth rate of -222.94% over the last five years and a return on equity of only 9.32%, raises concerns among investors. Despite a slight increase in institutional holdings, the overall sentiment remains negative due to the company's inability to generate consistent profits, leading to a lack of investor confidence and contributing to the stock's ongoing decline.