Why is Vasundhara Rasy. falling/rising?

As of 03-Jul, Vasundhara Rasayans Ltd is currently priced at 208.25, reflecting a slight increase of 0.15 or 0.07%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is important to note that the stock's delivery volume has decreased significantly, falling by 24.75% against the 5-day average, indicating a decline in investor participation. Over the past week, the stock has outperformed the Sensex, gaining 1.59% compared to the benchmark's decline of 0.62%. Despite this short-term gain, the stock has underperformed over longer periods, with a year-to-date decline of 29.63% and a one-year drop of 24.77%. The company's weak long-term fundamentals, including a significant drop in profits and sales, contribute to its current valuation challenges, as it trades at a premium compared to its peers.
In the broader market context, while the stock has shown some resilience in the short term, it has significantly lagged behind the overall market performance, which has seen a 6.53% increase year-to-date. The stock's negative returns over the past year contrast sharply with the BSE500's positive return of 2.20%, highlighting its underperformance. The combination of weak operating profit growth, declining sales, and a high price-to-book ratio suggests that investor sentiment remains cautious, despite the recent uptick in price. Overall, the stock's recent movement reflects a complex interplay of short-term recovery against a backdrop of longer-term challenges.