Why is Vadilal Inds. falling/rising?

As of 25-Aug, Vadilal Industries Ltd is currently priced at 4,918.70, reflecting a decrease of 7.65 points or 0.16%. The stock has been experiencing a decline, having fallen for the last two days with a total drop of 2.21% during this period. It has traded within a narrow range of Rs 45.35, and while it is above its 5-day and 200-day moving averages, it is below the 20-day, 50-day, and 100-day moving averages. The delivery volume has also decreased by 4.77% compared to the 5-day average, indicating falling investor participation. Despite a strong year-to-date return of 23.59% and a one-year return of 24.15%, the company's profits have declined by 8.2%, which may be contributing to the stock's recent downward movement.
In the broader market context, the stock has outperformed the benchmark, as it generated a return of 24.15% over the past year while the BSE500 index recorded a negative return of 2.11%. This indicates that despite the recent price decline, Vadilal Industries has shown resilience compared to the overall market. The company benefits from a low debt-to-equity ratio and healthy long-term growth, with net sales increasing at an annual rate of 25.31%. Additionally, the increasing participation of institutional investors, who have raised their stake by 0.52%, suggests a positive outlook for the company's fundamentals, although the recent profit decline may be causing some short-term volatility in its stock price.