Why is Valiant Organics falling/rising?

As of 10-Nov, Valiant Organics Ltd is experiencing a decline in its stock price, currently at Rs 290.15, which represents a decrease of Rs 8.2 or 2.75%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.87% over this period. Additionally, it has underperformed its sector by 3.8% today and is trading below all key moving averages, indicating a bearish trend. The stock has also touched an intraday low of Rs 287. Despite a notable increase in delivery volume, which rose by 122.61% against the 5-day average, the overall sentiment appears negative as reflected in its year-to-date decline of 4.87% compared to a 6.91% gain in the benchmark.
In the broader market context, Valiant Organics' recent performance has been significantly weaker than the Sensex, which has shown a positive return of 1.25% over the past month and 6.91% year-to-date. The stock's performance over the last year has also been disappointing, with a decline of 29.85%, while the Sensex has gained 5.09%. This stark contrast highlights the challenges faced by Valiant Organics in attracting investor confidence compared to the overall market, contributing to its ongoing price decline.