Why is Valiant Laborato falling/rising?

As of 08-Aug, Valiant Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 88.65, which represents a decrease of Rs 2.67 or 2.92%. The stock has been underperforming, having lost 4.38% over the last two days and showing a significant drop of 24.36% over the past month. Despite opening with a gain of 3.33% today and reaching an intraday high of Rs 95.85, it has also touched a low of Rs 86.62, indicating volatility. The stock is trading below all key moving averages, and investor participation has decreased significantly, with delivery volume falling by 58.9% compared to the five-day average. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Valiant Laboratories' recent performance contrasts sharply with the Sensex, which has only declined by 0.92% over the past week. The stock's year-to-date performance shows a decline of 19.95%, while the Sensex has gained 2.20% during the same period. This underperformance relative to the benchmark indicates a lack of investor confidence and suggests that the stock is not keeping pace with the overall market trends.