Why is Veedol Corporat falling/rising?

As of 20-Oct, Veedol Corporation Ltd's stock price is currently at 1,783.75, reflecting a decline of 20.45 points or 1.13%. The stock has been underperforming, having fallen consecutively for the last two days, with a total drop of 2.47% during this period. In the past week, it has decreased by 4.03%, and over the last month, it has seen a significant decline of 10.56%. Despite a high dividend yield of 3% and a low debt-to-equity ratio, the stock's performance has been hindered by falling investor participation, as evidenced by a 21.67% drop in delivery volume compared to the five-day average. While the company has shown positive growth in profits, with a 33.8% increase in PAT, the stock's overall return over the past year is a concerning -12.94%, indicating a struggle against market trends.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 2.47% over the past week and 2.10% over the past month. This underperformance highlights the challenges Veedol Corporation faces, particularly as it has lagged behind the market significantly over the last year, where the BSE500 index has generated a return of 0.80%. The rising promoter confidence, with a 2.23% increase in their stake, suggests potential optimism about the company's future; however, the overall poor long-term growth in net sales and operating profit raises concerns about its sustainability in the current market environment.