Why is Vineet Laborator falling/rising?

As of 18-Nov, Vineet Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 41.23, reflecting a decrease of Rs 1.07 or 2.53%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 10.27% during this period. Additionally, the stock has shown a significant underperformance compared to the sector, with a daily performance lagging by 1.91%. Over the past year, the stock has generated negative returns of 16.11%, contrasting sharply with the Sensex, which has increased by 9.48%. The company's weak long-term fundamentals, highlighted by a staggering -230.87% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 10.01 times, further contribute to the negative sentiment surrounding the stock. The promoters' reduced stake by 13.37% in the last quarter also signals a lack of confidence in the company's future prospects.
Broader market context indicates that while the Sensex has shown resilience with a 0.96% gain over the past week, Vineet Laboratories has declined by 8.28% in the same timeframe. This stark contrast underscores the stock's struggles relative to the broader market. The company's negative financial results over the last six quarters, including a 41.94% decline in net sales and a negative profit after tax, compound the challenges it faces. The falling investor participation, with a 50.92% drop in delivery volume compared to the five-day average, suggests diminishing interest among traders, further exacerbating the stock's downward trajectory.