Why is Venky's (India) falling/rising?

As of 28-Aug, Venkys (India) Ltd is experiencing a decline in its stock price, currently at 1,479.00, reflecting a decrease of 12.0 points or 0.8%. The stock has been losing value for the past three days, with a total return of -1.65% during this period. In terms of performance relative to the market, the stock has underperformed significantly, with a year-to-date return of -18.64% compared to a positive 2.48% for the benchmark. Additionally, the stock's recent performance has been characterized by a notable drop in investor participation, as evidenced by a 63.15% decline in delivery volume against the five-day average. The company's financials reveal a low debt-to-equity ratio and a fair valuation, but it has suffered from a substantial profit decline of 57.5% over the past year, contributing to its poor stock performance.
In the broader market context, Venkys (India) has consistently underperformed against the benchmark indices, including a staggering -35.84% return over the past year compared to a -2.08% decline in the BSE500. This consistent underperformance over the last three years, coupled with a lack of interest from domestic mutual funds, indicates a lack of confidence in the company's growth prospects. The stock's recent price movement reflects these challenges, as it trades at a premium compared to its peers while facing poor long-term growth, evidenced by a mere 3.04% annual growth rate in net sales over the last five years.