Why is Valiant Organics falling/rising?

As of 22-Jul, Valiant Organics Ltd is experiencing a decline in its stock price, currently at 394.00, which reflects a decrease of 5.95 (-1.49%). The stock has been underperforming, having lost 4.55% over the last four days, and today it opened with a gain of 2.18% but quickly fell to an intraday low of Rs 380.25. In terms of returns, the stock has decreased by 2.72% over the past week and 5.31% over the past month, contrasting with a year-to-date increase of 29.18%. While the company has shown strong financial metrics, such as a healthy EBIT to Interest ratio and significant growth in operating profit, it also faces challenges like poor long-term growth in net sales and operating profit over the last five years, which may contribute to investor hesitance.
In the broader market context, Valiant Organics' short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.47% over the past week. The stock's recent struggles may be compounded by a lack of domestic mutual fund investment, indicating potential concerns about its valuation or business prospects. Despite the company's attractive valuation compared to peers and positive profit growth over the past year, the overall market sentiment appears cautious, reflected in the stock's consecutive declines and reduced investor participation.