Why is Vidhi Specialty falling/rising?

As of 22-Sep, Vidhi Specialty Food Ingredients Ltd is experiencing a price increase, currently at Rs 378.50, reflecting a rise of 3.8 points or 1.01%. The stock has shown a consecutive gain over the last two days, with a total return of 1.1% during this period. It has been trading in a narrow range of Rs 2.5 and is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. The company has demonstrated strong financial performance, with net sales growing by 22.57% and profit after tax increasing by 29.95% over the last six months. However, despite these positive results, the stock has underperformed in the long term, with a year-to-date decline of 28.31% and a one-year return of -14.97%, indicating concerns about its growth potential.
In the broader market context, the stock's short-term performance has been slightly below the benchmark, with a 1-week return of -0.34% compared to the Sensex's gain of 0.46%. This underperformance highlights the challenges the stock faces despite recent gains. Additionally, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence among institutional investors, potentially impacting the stock's ability to attract further investment. Overall, while the recent price increase may reflect positive short-term sentiment, the long-term growth concerns and consistent underperformance against the benchmark remain significant factors influencing investor perception.