Why is Visaka Industrie falling/rising?

As of 24-Sep, Visaka Industries Ltd is experiencing a decline in its stock price, currently at 82.50, reflecting a decrease of 1.1 or 1.32%. The stock has been underperforming recently, with a consecutive fall over the last five days, resulting in a total decline of 3.51%. In the context of its performance against benchmarks, the stock has generated a return of -22.24% over the past year, significantly underperforming the BSE500, which has only declined by 3.77%. Despite a strong growth in net profit of 423.49% and positive results over the last two quarters, the stock's long-term growth outlook remains poor, with an annual operating profit decline of -9.97% over the past five years. Additionally, the low domestic mutual fund ownership at 0.14% suggests a lack of confidence in the stock's valuation.
In the broader market context, the construction materials sector has faced a downturn, with a reported decline of 15.5%. While Visaka Industries has outperformed its sector by 14.31% today, the overall trend indicates a struggle to maintain investor interest, as evidenced by a significant drop in delivery volume by 18.01% against the five-day average. The stock's performance over the last month shows a decline of 3.27%, contrasting with a slight increase of 0.50% in the Sensex during the same period. This combination of sector weakness, declining investor participation, and consistent underperformance against benchmarks contributes to the stock's current downward trajectory.