Why is Vadilal Inds. falling/rising?

As of 14-Aug, Vadilal Industries Ltd is experiencing a decline in its stock price, currently at Rs 4,910.00, which reflects a decrease of Rs 66.2 or 1.33%. Today's performance indicates that the stock underperformed its sector by 0.79%, opening with a loss of 2.54% and reaching an intraday low of Rs 4,850.05. Over the past week, the stock has decreased by 2.14%, while its one-month return shows a decline of 3.91%. Despite these short-term challenges, the stock has demonstrated strong long-term growth with a year-to-date return of 23.37% and a remarkable 711.37% increase over the past five years. The company maintains a low debt-to-equity ratio of 0.42, and its net sales and operating profit have shown healthy growth rates. However, profits have fallen by 8.2% over the past year, which may be contributing to the current price decline.
In the broader market context, Vadilal Industries Ltd's recent performance contrasts with the Sensex, which has remained relatively flat with a change of -0.03% over the past week. While the stock has outperformed the benchmark over the longer term, the recent underperformance in the short term may be attributed to market volatility and investor sentiment. The increasing participation of institutional investors, who have raised their stake by 0.52% in the last quarter, suggests a level of confidence in the company's fundamentals, despite the recent price drop. This institutional interest may provide some support for the stock moving forward, but the immediate price movement reflects a cautious market response to the company's recent profit decline.