Why is V I P Inds. falling/rising?

As of 31-Oct, V I P Industries Ltd is experiencing a decline in its stock price, currently at 407.40, which reflects a decrease of 2.6 or 0.63%. The stock has been underperforming, with a consecutive fall over the last seven days resulting in a total decline of 7.2%. Additionally, the stock has shown negative returns of 4.57% over the past week and 15.31% year-to-date, significantly lagging behind the benchmark Sensex, which has gained 7.42% during the same period. The company's financial health is concerning, as indicated by a high Debt to EBITDA ratio of 3.85 times and a negative operating profit trend, with the company reporting negative results for the last nine consecutive quarters. Furthermore, the reduction in promoter stake by 2% suggests a lack of confidence in the company's future prospects.
Broader Market Context: In the context of the broader market, V I P Industries Ltd's recent performance has been notably poor compared to the Sensex, which has shown resilience with a positive return of 3.65% over the past month. The stock's underperformance is further highlighted by its significant decline of 45.34% over the last three years, contrasting sharply with the benchmark's gain of 38.18% during the same timeframe. This consistent underperformance, coupled with falling investor participation and liquidity issues, indicates a challenging environment for the stock, contributing to its downward price movement.