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

As of 08-Sep, Venkys (India) Ltd is experiencing a decline in its stock price, currently at 1,484.30, reflecting a decrease of 9.65 points or 0.65%. The stock has been losing value for the last three days, with a total drop of 1.9% during this period. It has also shown a significant underperformance over the past year, with a return of -38.54%, while its profits have decreased by 57.5%. The stock is trading at a premium compared to its peers, and despite a low debt-to-equity ratio, the company's poor long-term growth, indicated by a mere 3.04% annual growth in net sales over the last five years, raises concerns among investors. Additionally, the falling investor participation, as evidenced by a 43.84% drop in delivery volume, suggests a lack of confidence in the stock.
In the broader market context, Venkys' short-term performance of +1.30% over the past week contrasts with the Sensex, which has increased by 0.53%. However, the stock's year-to-date performance of -18.35% significantly lags behind the Sensex's gain of 3.39%. This consistent underperformance against the benchmark over the last three years, combined with negative financial results and minimal domestic mutual fund investment, indicates a challenging environment for Venkys (India) Ltd, contributing to its current price decline.