Why is Veto Switchgears falling/rising?

As of 25-Sep, Veto Switchgears & Cables Ltd is experiencing a decline in its stock price, currently at Rs 117.00, which reflects a decrease of Rs 2.8 or 2.34%. The stock has underperformed its sector by 2.35% today and has been on a downward trend for the past two days, resulting in a total drop of 3.47%. It opened with a loss of 2.3% and reached an intraday low of Rs 116.2. Over the past week, the stock has decreased by 5.65%, while its performance over the last month shows a modest increase of 4.56%. However, its year-to-date return is down by 11.73%, and it has significantly underperformed over the past year with a decline of 21.53%. The company's ability to service debt remains strong, indicated by a low Debt to EBITDA ratio of 0.81 times, and it has an attractive valuation with a Price to Book Value of 0.8. Despite these positives, the stock's recent performance has been negatively impacted by a significant drop in investor participation, with delivery volume falling by 82.63% against the 5-day average.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex declining by only 2.23% over the same week. This underperformance is compounded by the company's poor long-term growth prospects, as indicated by a low operating profit growth rate of 10.37% over the last five years and a significant decline in both profit before tax and profit after tax in the most recent quarter. The stock has also underperformed the BSE500 index over various time frames, including the last three years and one year. Overall, while the company has some positive financial metrics, the combination of declining stock performance, reduced investor interest, and poor growth outlook contributes to the stock's current downward trajectory.