Why is Dhruv Consultanc falling/rising?

As of 02-Sep, Dhruv Consultancy Services Ltd is experiencing a decline in its stock price, currently at Rs 59.57, which represents a decrease of 3.13 (-4.99%). The stock has been underperforming significantly, with a consecutive fall over the last four days, resulting in a total decline of 11.35% in the past week. It is also close to its 52-week low, just 1.12% away from Rs 58.9. The stock is trading below all its moving averages, indicating a bearish trend. While there has been a positive development with institutional investors increasing their stake by 1.88%, the overall long-term fundamentals remain weak, with a low return on equity of 6.43% and poor growth metrics, contributing to the stock's negative performance.
In the broader market context, the stock has significantly underperformed compared to the Sensex, which has only declined by 0.78% over the past week. Year-to-date, Dhruv Consultancy has plummeted by 51.57%, contrasting sharply with the Sensex's gain of 2.58%. This stark difference highlights the stock's struggles relative to the market. Despite some positive indicators, such as increased institutional participation and a notable growth in profit after tax, the overall sentiment remains negative due to weak long-term growth prospects and poor recent performance, leading to a bearish outlook for the stock.