Why is Valiant Organics falling/rising?

As of 01-Aug, Valiant Organics Ltd is experiencing a decline in its stock price, currently at Rs 339.00, reflecting a decrease of Rs 15.0 or 4.24%. The stock has underperformed its sector by 1.08% today and has shown a trend reversal after two consecutive days of gains. It opened with a loss of 3.04% and reached an intraday low of Rs 336.3, indicating significant selling pressure. Over the past week, the stock has dropped by 10.55%, and it has consistently underperformed against the benchmark, with a one-year return of -15.69% compared to the BSE500's performance. While the company has reported strong growth in operating profit and a healthy EBIT to interest ratio, its long-term growth prospects appear weak due to declining net sales and operating profit over the last five years.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, which has only declined by 1.06% over the past week. The Pharmaceuticals & Drugs sector has also faced a downturn, falling by 3.27%. Despite a rise in investor participation, as indicated by an increase in delivery volume, the overall sentiment remains negative due to the company's consistent underperformance and the lack of domestic mutual fund investment, suggesting a lack of confidence among institutional investors. This combination of factors contributes to the stock's current downward trajectory.