Why is Valiant Organics falling/rising?

As of 11-Jul, Valiant Organics Ltd is experiencing a decline in its stock price, currently at Rs 406.95, which reflects a decrease of Rs 12.45 or 2.97%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 5.37%. It opened with a loss of 2% today and reached an intraday low of Rs 403.6. Over the past week, the stock has decreased by 4.70%, and its performance over the last month shows a significant drop of 15.94%. Despite a strong EBIT to Interest ratio and impressive growth in operating profit, the stock's long-term growth prospects are hindered by a negative trend in net sales and operating profit over the past five years, leading to a lack of confidence from domestic mutual funds.
In the broader market context, Valiant Organics has underperformed against the Sensex, which has only declined by 1.12% over the past week. The stock's year-to-date performance shows a positive return of 33.43%, contrasting with its recent struggles. However, the consistent underperformance against the benchmark over the last three years, coupled with a lack of domestic mutual fund investment, suggests that investor sentiment remains cautious. This context, combined with the stock's recent price movements and the negative factors affecting its growth, contributes to the current downward trend in Valiant Organics' stock price.