Why is Vishnu Chemicals falling/rising?

As of 14-Aug, Vishnu Chemicals Ltd is currently priced at 481.45, reflecting a decrease of 7.55, or 1.54%. The stock has underperformed its sector today by 1.59%, following a trend reversal after three consecutive days of gains. It reached an intraday low of Rs 477.05, indicating a decline of 2.44%. The stock's recent performance shows a 1.05% increase over the past week, but a 2.93% decrease over the past month. Despite a strong year-to-date return of 21.09% and a solid annual return of 18.02%, the stock's delivery volume has significantly dropped by 57.03% compared to the five-day average, suggesting falling investor participation. Positive factors such as high management efficiency, healthy long-term growth, and increased institutional investor participation may support the stock's fundamentals, but the recent price movement indicates a short-term weakness.
In the broader market context, the stock has outperformed the benchmark Sensex, which has seen a slight decline of 0.03% over the past week and a 2.01% drop over the past month. While Vishnu Chemicals has generated a return of 18.02% over the past year, the overall market has produced negative returns of -0.57% during the same period. This suggests that, despite the current price decline, the stock has been able to maintain a relatively strong performance compared to the market, indicating potential resilience in its fundamentals amidst short-term fluctuations.