Why is Vishnu Chemicals falling/rising?

As of 24-Sep, Vishnu Chemicals Ltd is currently priced at 491.05, reflecting a decline of 5.0 points or 1.01%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 2.18% during this period. It opened the day with a loss of 2.69% and reached an intraday low of Rs 482.7. Despite a strong year-to-date performance of 23.50% and a one-year return of 20.36%, the stock has struggled in the short term, with a weekly decline of 3.68% and a monthly drop of 4.84%. The recent decrease in delivery volume by 36.64% against the five-day average indicates falling investor participation, which may contribute to the stock's downward movement.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 1.18% over the past week. While Vishnu Chemicals has shown strong long-term growth and high management efficiency, the current market conditions and reduced trading activity may be impacting its price negatively. Institutional investors have increased their stake, suggesting confidence in the company's fundamentals, but the short-term price action indicates a lack of momentum among retail investors. Overall, while the stock has demonstrated resilience and growth potential, the recent price decline reflects immediate market pressures and investor sentiment.