Why is Valiant Organics falling/rising?

As of 26-Jun, Valiant Organics Ltd is experiencing a decline in its stock price, currently at Rs 422.00, which reflects a decrease of Rs 18.8 or 4.26%. Today's performance indicates that the stock has underperformed its sector by 4.34%, and it has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 421.75, and the trading volume has significantly decreased, with delivery volume dropping by 66.27% compared to the 5-day average. Over the past week, the stock has declined by 4.09%, contrasting with a 2.94% increase in the Sensex. While the company has shown strong financial metrics, including a substantial growth in operating profit and a healthy EBIT to interest ratio, it faces challenges with poor long-term growth rates in net sales and operating profit over the last five years, which may be contributing to the current price decline.
In the broader market context, Valiant Organics' recent performance contrasts sharply with the Sensex, which has gained 2.94% over the past week. This underperformance may reflect investor sentiment and concerns regarding the company's long-term growth potential, as indicated by the negligible stake held by domestic mutual funds, suggesting a lack of confidence in the stock's valuation. Despite the company's attractive valuation metrics and recent positive financial results, the overall market trend and declining investor participation may be influencing the stock's downward movement.