Why is Vardhman Acrylic falling/rising?

As of 11-Jul, Vardhman Acrylics Ltd's stock price is currently at 48.50, reflecting a decrease of 0.18, or 0.37%. The stock has shown a positive performance over the past week and month, with returns of 2.28% and 3.04%, respectively, although it has significantly underperformed over the year with a decline of 19.72%. Today's price summary indicates that the stock outperformed its sector by 1.15%, and there has been a rise in investor participation, with delivery volume increasing by 1.38% against the 5-day average. However, the company faces challenges, including poor long-term growth with net sales declining at an annual rate of 4.85% and operating profit dropping by 57.10% over the last five years. Additionally, the stock's valuation appears expensive compared to its peers, trading at a premium with a price-to-book value of 1.6.
In the broader market context, Vardhman Acrylics has underperformed against the benchmark, the Sensex, which has gained 6.37% year-to-date, while the stock has declined by 10.10%. The stock's consistent underperformance over the last three years, coupled with negative financial results, suggests a lack of investor confidence. Despite some short-term positive movements, the overall trend indicates that the stock is struggling to maintain momentum in a market that is performing better overall.