Why is Valiant Organics falling/rising?

As of 27-Jun, Valiant Organics Ltd's stock price is currently at Rs 424.90, reflecting an increase of 2.9 (0.69%). The stock opened with a gain of 3.42% today and reached an intraday high of Rs 436.45. However, despite this positive movement, there is a notable decline in investor participation, with delivery volume falling by 76.43% against the 5-day average. Over the past week, the stock has shown a return of +2.11%, which is slightly better than the Sensex's +2.00%. The company has demonstrated strong financial health, with a significant growth in operating profit and a robust EBIT to interest ratio, which supports its ability to service debt. However, the long-term growth outlook is concerning due to negative trends in net sales and operating profit over the past five years.
In the broader market context, Valiant Organics' recent performance aligns closely with the benchmark, as indicated by its short-term return. While the stock has performed well in the short term, it has underperformed over longer periods, with a 3-year decline of -26.28% compared to the Sensex's +58.12%. The lack of domestic mutual fund investment may signal caution among institutional investors regarding the company's valuation or business prospects. Overall, while the stock has shown positive short-term movements, the mixed signals regarding long-term growth and investor confidence may contribute to a cautious outlook.