Why is Valiant Organics falling/rising?

As of 23-Jun, Valiant Organics Ltd is experiencing a decline in its stock price, currently at Rs 410.00, reflecting a decrease of Rs 6.1 or 1.47%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 7.24% during this period. Additionally, the stock's performance over the past week shows a significant decline of 9.92%, while it has generated a negative return of 4.88% over the last year. Despite some positive indicators such as a strong EBIT to Interest ratio and impressive growth in operating profit, the long-term growth outlook remains poor, with net sales declining at an annual rate of 1.22% over the last five years. Furthermore, the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's valuation.
In the broader market context, Valiant Organics' recent performance contrasts sharply with the benchmark, as the Sensex has shown a slight increase of 0.12% over the past week. While the stock has outperformed the benchmark with a year-to-date return of 34.43%, its consistent underperformance over the last three years, where it has generated negative returns, raises concerns among investors. The stock's liquidity appears adequate for trading, but the significant drop in delivery volume suggests waning investor interest, which could further contribute to its declining price movement.