Why is BLB falling/rising?

As of 20-Aug, BLB Ltd's stock price is currently at 16.36, reflecting a slight increase of 0.03 or 0.18%. Today's price summary indicates that the stock has outperformed its sector by 0.69%. However, it is important to note that the stock has shown a mixed performance in the past week, with a decline of 0.91%, while it has gained 9.80% over the past month. Despite this recent uptick, the stock has experienced significant declines over the longer term, with a year-to-date return of -17.75% and a one-year return of -20.08%. The stock's valuation appears attractive with a return on equity (ROE) of 6.8 and a price-to-book value of 0.9, but it has also faced challenges, including a 26.3% drop in profits over the past year and a concerning long-term growth outlook, as indicated by a negative annual net sales growth rate of -0.49%.
In the broader market context, the Sensex has performed positively, gaining 1.64% over the past week and 4.76% year-to-date, contrasting sharply with BLB Ltd's performance. This underperformance is further highlighted by the stock's consistent inability to match the benchmark returns over the last three years. The falling investor participation, as evidenced by a 55.04% drop in delivery volume compared to the five-day average, suggests waning interest among investors, which could be contributing to the stock's struggles. Overall, while there are some positive valuation metrics, the stock's long-term fundamentals and recent performance relative to the benchmark indicate a challenging environment for BLB Ltd.