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

As of 12-Sep, Venkys (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,482.75, reflecting a decrease of Rs 12.25 or 0.82%. The stock has been losing value for the last two days, with a total drop of 2.04% during this period. Although it reached an intraday high of Rs 1,527.65, it remains below several moving averages, indicating weak momentum. Over the past year, the stock has generated a return of -35.22%, significantly underperforming against the benchmark, the Sensex, which has seen a decline of only 1.28%. Additionally, the company’s profits have fallen sharply by 57.5%, contributing to a negative sentiment among investors.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.48% over the past week and 2.08% over the past month. The stock's poor long-term growth prospects, evidenced by a low annual sales growth rate of 3.04% over the last five years and a significant drop in net profits, have likely deterred investor interest. Furthermore, the minimal stake held by domestic mutual funds, at just 0.01%, suggests a lack of confidence in the company's valuation and business outlook. This consistent underperformance against the benchmark over the last three years reinforces the negative trend in Venkys' stock price.