Why is Vivid Global falling/rising?

As of 26-Sep, Vivid Global Industries Ltd is experiencing a decline in its stock price, currently at Rs 18.00, reflecting a decrease of Rs 1.37 or 7.07%. Today's price summary indicates that the stock opened with a gain of 2.22% but subsequently fell to an intraday low of Rs 18. This decline follows two consecutive days of gains, and the stock has underperformed its sector by 5.08%. Over the past week, Vivid Global has shown a positive return of 1.69%, but it has significantly underperformed the benchmark over the last year with a return of -18.81%. The company's weak long-term fundamentals, including a -32.13% CAGR growth in operating profits over the last five years and a low return on equity of 4.81%, contribute to its current price movement.
In the broader market context, Vivid Global's recent performance contrasts with the benchmark, as it has consistently underperformed against the BSE500 over the last three years, with a return of -18.81% compared to the benchmark's positive return of 2.93% year-to-date. The stock's liquidity appears adequate, but the overall sentiment is affected by its weak financial metrics, including a poor EBIT to interest ratio and flat operating profit margins. This combination of factors has led to a negative outlook for the stock, reinforcing its status as a strong sell in the current market environment.