Why is Vimta Labs falling/rising?

As of 23-Sep, Vimta Labs Ltd is experiencing a decline in its stock price, currently at Rs 749.65, which reflects a decrease of Rs 14.65 or 1.92%. The stock has underperformed its sector by 1.39% today and has been on a downward trend for the last two days, accumulating a total loss of 8.99% during this period. Despite its impressive long-term performance, with a 165.60% return over the past year, the stock has faced a short-term setback, as indicated by its recent price movements and the fact that it touched an intraday low of Rs 738.65. The company maintains a low debt-to-equity ratio of 0.03 times and has shown healthy growth in operating profit, which has increased at an annual rate of 78.76%. Additionally, Vimta Labs has reported positive results for the last three consecutive quarters, contributing to its strong long-term growth outlook.
In the broader market context, Vimta Labs' recent performance contrasts with the benchmark Sensex, which has only decreased by 0.34% over the past week. The stock's short-term return of -3.43% over the last week indicates a significant underperformance compared to the benchmark. However, it is noteworthy that Vimta Labs has outperformed the BSE500 over the last three years, one year, and three months, showcasing its strong long-term potential despite the recent price decline. The rising investor participation, with a notable increase in delivery volume, suggests that there is still interest in the stock, which may help stabilize its price in the future.