Why is Valiant Organics falling/rising?

As of 03-Sep, Valiant Organics Ltd is currently priced at Rs 340.00, reflecting a decrease of Rs 4.95 or 1.43%. The stock has underperformed its sector by 2.67% today and has experienced a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 336.5, which is a drop of 2.45%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, it has seen a slight decline of 0.72%, while its year-to-date performance shows a positive return of 11.48%. However, the stock has significantly underperformed over the longer term, with a 1-year return of -16.44% and a staggering 5-year return of -77.50%. Despite positive operating profit growth and a strong EBIT to interest ratio, the stock's long-term growth prospects are hindered by a poor annual growth rate of operating profit and a lack of domestic mutual fund investment, suggesting investor caution.
In the broader market context, Valiant Organics has underperformed against the benchmark Sensex, which has seen a slight decline of 0.27% over the past week and a modest gain of 3.11% year-to-date. The stock's consistent underperformance against the benchmark over the last three years, alongside its negative returns in the last year, indicates a lack of investor confidence. This is compounded by the fact that domestic mutual funds hold no stake in the company, which may reflect their discomfort with the stock's current valuation or business fundamentals. Overall, while there are some positive indicators regarding the company's financial health, the persistent underperformance and negative sentiment in the market contribute to the stock's current decline.