Why is Visaka Industrie falling/rising?

As of 23-Sep, Visaka Industries Ltd's stock price is currently at 83.37, reflecting a decrease of 0.67, or 0.8%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 2.49% during this period. Additionally, the stock's performance over the past year shows a significant drop of 22.88%, while it has underperformed against the benchmark Sensex across various time frames, including a 30.11% decline over the last three years. Despite the company reporting very positive results with a 423.49% growth in net profit and strong operating metrics, the stock's long-term growth prospects appear poor, with a negative annual growth rate of operating profit over the last five years. Furthermore, the low participation from domestic mutual funds, holding only 0.14% of the company, may indicate a lack of confidence in the stock's valuation.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.34% over the past week, while Visaka Industries has increased by 0.83% in the same period. However, the stock's year-to-date performance remains concerning, with a decline of 5.86% compared to the Sensex's gain of 5.07%. The liquidity of the stock is adequate for trading, but the significant drop in delivery volume by 36.73% against the five-day average suggests waning investor interest. Overall, while the company has demonstrated strong profitability metrics, the persistent underperformance against benchmarks and the lack of investor confidence are contributing to the stock's downward movement.