Why is BLB falling/rising?

As of 04-Sep, BLB Ltd's stock price is currently at 16.09, reflecting a decrease of 0.21, or 1.29%. The stock has recently underperformed its sector by 1.7% and has experienced a trend reversal, falling after three consecutive days of gains. Despite a positive performance over the past week and month, with returns of 4.14% and 5.37% respectively, the stock has shown significant underperformance year-to-date with a decline of 19.11%. Additionally, the stock's delivery volume has decreased sharply by 67.17% compared to the five-day average, indicating falling investor participation. While the stock is trading at a fair value with a Price to Book Value of 0.9 and an attractive ROE of 6.8, it has also faced challenges with a substantial profit decline of 26.3% over the past year.
In the broader market context, the Sensex has gained 0.80% over the past week, contrasting with BLB Ltd's recent decline. The stock has consistently underperformed against the benchmark over the last three years, with a one-year return of -13.96% compared to the Sensex's -1.98%. This consistent underperformance, coupled with weak long-term fundamentals such as a negative growth rate in net sales and a low average ROE of 4.93%, suggests that investors may be losing confidence in the stock's future prospects. Overall, the combination of declining investor interest and poor financial performance relative to both historical benchmarks and the broader market contributes to the stock's current downward movement.