Why is VRL Logistics falling/rising?

As of 30-Jul, VRL Logistics Ltd is experiencing a decline in its stock price, currently at 613.10, which reflects a decrease of 8.2 points or 1.32%. The stock's performance today has been inline with the sector, having touched an intraday low of Rs 603.85, representing a drop of 2.81%. Over the past week, the stock has decreased by 1.65%, while it has shown a positive return of 5.98% over the last month. Despite this recent decline, the company has reported strong financial results, including a 24.96% growth in net profit and positive results for the last three consecutive quarters. However, concerns about long-term growth persist, as net sales have only grown at an annual rate of 8.33% over the last five years, which may be influencing investor sentiment negatively.
In the broader market context, the Sensex has also seen a slight decline of 1.50% over the past week, indicating that the stock's short-term performance is somewhat aligned with the overall market trend. However, VRL Logistics has outperformed the benchmark with a year-to-date return of 21.77% compared to the Sensex's 4.28%. The stock's higher institutional holdings at 28.54% suggest a level of confidence among more sophisticated investors, which could provide some support against the recent price drop. Despite the attractive valuation metrics and strong recent profitability, the combination of short-term price movement and concerns about long-term growth may be contributing to the stock's current downward trend.