Why is Valiant Organics falling/rising?

As of 23-Oct, Valiant Organics Ltd is experiencing a price increase, currently at Rs 312.00, reflecting a rise of Rs 6.15 or 2.01%. The stock has shown a strong performance today, outperforming its sector by 2.22% and achieving a consecutive gain over the last three days, with a total return of 7.59% during this period. Despite this positive movement, the stock's longer-term performance has been less favorable, with a decline of 11.36% over the past month and a significant drop of 24.96% over the past year. Additionally, while the stock is currently trading above its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a substantial decrease in investor participation, with delivery volume falling by 85.02% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Valiant Organics has outperformed the Sensex index in the short term, with a 1-week return of 5.33% compared to the Sensex's 1.30%. However, the stock's year-to-date performance of 2.30% lags behind the Sensex's 8.21%, suggesting that while the stock may be gaining in the short term, it has struggled to keep pace with the overall market trends over a longer horizon. This mixed performance highlights the challenges Valiant Organics faces in regaining investor confidence, especially in light of its significant declines over the past few years compared to the benchmark's growth.