Why is Vimta Labs falling/rising?

As of 22-Sep, Vimta Labs Ltd is experiencing a decline in its stock price, currently at Rs 764.30, which reflects a decrease of Rs 60.3 or 7.31%. Today's price summary indicates that the stock has underperformed its sector by 4.46% and has fallen after three consecutive days of gains. It reached an intraday low of Rs 752.25, showcasing significant volatility with a wide trading range of Rs 76.6. Despite this decline, the stock has shown strong performance over the longer term, with a 171.82% increase over the past year and a remarkable 349.32% rise over the last three years. The company also boasts a low debt-to-equity ratio and has reported positive results for the last three consecutive quarters, contributing to its overall healthy long-term growth.
In the broader market context, Vimta Labs' recent performance contrasts with the Sensex, which has gained 0.46% over the past week, while Vimta Labs has declined by 3.31% in the same period. This underperformance may be attributed to the overall drop in the Medical Equipment/Supplies/Accessories sector, which has fallen by 3.05%. However, the stock remains liquid enough for trading, with a significant increase in delivery volume noted on September 19, suggesting rising investor participation despite the current price drop.