Why is Vistar Amar falling/rising?

As of 24-Sep, Vistar Amar Ltd's stock price is currently at Rs 126.60, reflecting a decrease of Rs 2.4, or 1.86%. Today's performance indicates that the stock has underperformed its sector by 1.77%, with an intraday low of Rs 123, marking a decline of 4.65%. The stock's recent returns show a slight decline of 1.17% over the past week, while it has gained 0.88% over the past month. However, the stock has experienced significant underperformance over the longer term, with a 14.25% drop in the last year and a staggering 59.23% decline over the past three years. Despite a recent positive earnings report, the company has shown weak long-term fundamentals, including a negative growth rate in operating profits and a high price-to-book ratio compared to its peers.
In the broader market context, the Sensex has also seen a slight decline of 1.18% over the past week, indicating a similar trend in the market. However, Vistar Amar's performance has lagged behind the benchmark, particularly over the last three years, where it has consistently underperformed. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume suggests waning investor interest. Overall, while there are some positive indicators from recent earnings, the persistent underperformance and weak fundamentals contribute to the stock's current downward movement.