Why is Vama Industries falling/rising?

As of 04-Jul, Vama Industries Ltd is experiencing a decline in its stock price, currently at 6.77, which reflects a decrease of 0.13 or 1.88%. The stock has underperformed in the short term, with a 1-week return of -0.44%, although it has shown a positive return of 5.78% over the past month. Today's performance indicates that the stock has outperformed its sector by 5.83%, but it is trading below all key moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 32.77% against the 5-day average. Despite the company reporting strong growth in net sales and positive results over the last two quarters, the stock's long-term fundamentals are weak, highlighted by a -7.70% CAGR growth in operating profits over the last five years and a low return on equity.
In the broader market context, Vama Industries' recent performance contrasts with the benchmark, as the Sensex has declined by 0.74% over the past week while Vama's decline is less severe. However, the stock has significantly underperformed the benchmark over the longer term, with a year-to-date return of -24.44% compared to the Sensex's 6.77%. The presence of pledged promoter shares adds to the downward pressure on the stock, especially in a falling market, which may further deter investors. Overall, while there are some positive indicators regarding the company's recent financial performance, the combination of weak long-term fundamentals and market conditions contributes to the stock's current downward trajectory.