Why is Vadilal Inds. falling/rising?

As of 04-Sep, Vadilal Industries Ltd is experiencing a decline in its stock price, currently at 5,000.00, which reflects a decrease of 102.25 or 2.0%. The stock has underperformed its sector by 2.75% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 3.1%. Despite touching an intraday high of Rs 5284.5, the stock also reached a low of Rs 4982.4, indicating significant volatility. Over the past week, the stock has decreased by 1.79%, and over the last month, it has fallen by 4.74%. Although the stock has shown strong long-term growth with a year-to-date return of 25.63%, it has faced challenges recently, including a decline in profits by 8.2% over the past year.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 0.80% over the past week. While Vadilal Industries has outperformed the market over the past year with a return of 20.55%, the current decline may be attributed to falling investor participation, as evidenced by a 46.32% drop in delivery volume compared to the five-day average. Additionally, the stock is trading below its short-term moving averages, which may indicate bearish sentiment among investors. However, the company maintains a low debt-to-equity ratio and has seen increased participation from institutional investors, suggesting a potential for recovery in the long term despite the recent downturn.