Why is Veedol Corporat falling/rising?

As of 29-Sep, Veedol Corporation Ltd's stock price is currently at 1,757.55, reflecting a decrease of 52.55 points or 2.9%. The stock has been on a downward trend, having fallen for the last six consecutive days, resulting in a total decline of 11.87% during this period. Today's performance indicates that it underperformed its sector by 2.91%. Additionally, the stock's intraday low reached Rs 1,755.85, and there has been a significant drop in investor participation, with delivery volume decreasing by 59.26% compared to the five-day average. Despite these challenges, the company maintains a low debt-to-equity ratio and has reported positive financial results, including a 26.2% increase in profits over the past year, which may suggest a fair valuation relative to its peers.
In the broader market context, Veedol's short-term performance has been notably weaker than the benchmark, with a one-week return of -11.10% compared to the Sensex's decline of only 2.18%. However, over the longer term, the stock has shown resilience with a year-to-date increase of 6.71%, outperforming the Sensex's 2.85% gain. This contrast highlights the stock's volatility and potential for recovery, especially given its attractive valuation metrics, including a PEG ratio of 0.6 and a high dividend yield of 3%. Nonetheless, the recent price decline and falling investor interest may overshadow these positive aspects in the short term.