Why is Valiant Organics falling/rising?

As of 02-Sep, Valiant Organics Ltd is experiencing a price increase, currently at Rs 344.95, which reflects a rise of Rs 5.95 or 1.76%. The stock has outperformed its sector today by 1.83% and has shown a consecutive gain over the last two days, with a total return of 2.13% during this period. Despite the positive performance, the stock has seen a decline in delivery volume, which fell by 37.73% against the 5-day average. The company has reported strong financial results, including a 61.03% growth in operating profit and a significant increase in net sales, which may contribute to the current upward movement. However, the stock's long-term growth remains a concern, with an annual decline in operating profit over the last five years and a lack of domestic mutual fund investment, indicating potential investor hesitance.
In the broader market context, Valiant Organics has outperformed the Sensex in the short term, with a 1-week return of +0.73% compared to the benchmark's -0.78%. This short-term outperformance contrasts sharply with the stock's long-term performance, where it has underperformed the benchmark significantly over the past three years. The stock's year-to-date return of +13.10% also stands in stark contrast to the Sensex's +2.58%, suggesting that while the stock is currently gaining, its historical performance raises questions about its sustainability in the long run.