Why is Vishal Bearings falling/rising?

As of 24-Sep, Vishal Bearings Ltd is experiencing a decline in its stock price, currently at Rs 74.30, which reflects a decrease of Rs 1.66 or 2.19%. Today's price summary indicates that the stock opened with a gain of 4.79% but has since underperformed its sector by 1.58%. The stock has shown high volatility, trading within a wide range of Rs 9.55, with an intraday high of Rs 79.6 and a low of Rs 70.05. Over the past year, the stock has generated a return of -39.22%, and its profits have fallen significantly by 77.7%. The company’s weak long-term fundamentals, highlighted by a -51.35% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 4.24 times, contribute to its current negative performance.
In the broader market context, Vishal Bearings has underperformed compared to the Sensex, which has shown a positive return of 0.50% over the past month, while Vishal Bearings has declined by 6.54%. This trend of underperformance is consistent over longer periods, with the stock down 39.22% in the last year compared to the Sensex's decline of only 3.77%. The falling investor participation, as evidenced by a 31.19% drop in delivery volume, further exacerbates the stock's challenges, indicating a lack of confidence among investors. Overall, the combination of weak financial performance, high volatility, and declining investor interest suggests a challenging environment for Vishal Bearings Ltd.