Why is Dhruv Consultanc falling/rising?

As of 05-Sep, Dhruv Consultancy Services Ltd is experiencing a price increase, currently at Rs 59.85, reflecting a rise of 1.8 (3.1%). Despite this daily gain, the stock has shown a significant decline over the past week, down 5.45%, and a more substantial drop of 11.62% over the past month. The stock is currently close to its 52-week low, just 3.09% away from Rs 58. Additionally, while the stock outperformed its sector today by 2.36%, it is trading below all its moving averages, indicating a bearish trend. The recent increase in institutional investor participation, with a 1.88% rise in their stake, may provide some support, yet the overall long-term fundamentals remain weak, with a low return on equity of 6.43% and poor growth metrics.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date decline of 51.34% against a 3.29% increase in the Sensex. This stark contrast highlights the stock's struggles in the current market environment, particularly as it has underperformed the BSE500 over various time frames. The recent price movement, while positive on the day, does not negate the overall negative sentiment surrounding the stock, which has seen substantial losses over the past year and a lack of investor confidence reflected in falling delivery volumes.