Why is Dhruv Consultanc falling/rising?

As of 08-Sep, Dhruv Consultancy Services Ltd is experiencing a decline in its stock price, currently at Rs 58.66, reflecting a decrease of 1.19 or 1.99%. The stock has hit a new 52-week low of Rs 57.05 today, indicating significant downward pressure, with an intraday low of Rs 57.05, which is a drop of 4.68%. Over the past week, the stock has underperformed with a return of -6.44%, while the benchmark Sensex has gained 0.53%. Additionally, the stock has shown poor performance over the last month and year, with returns of -10.03% and -54.70%, respectively. The company's fundamentals are weak, as indicated by a low return on equity of 6.43% and a high PEG ratio of 3.9, despite a 43.14% growth in PAT over the last nine months. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 69.31% against the five-day average.
In the broader market context, while the Sensex has shown a positive return of 3.39% year-to-date, Dhruv Consultancy has significantly lagged behind with a staggering decline of 52.31%. This stark contrast highlights the stock's underperformance relative to the market. Although there has been an increase in institutional investor participation, which may provide some support, the overall sentiment remains negative due to the company's weak long-term growth prospects and poor recent performance. The stock's liquidity is also a concern, as it is trading below all key moving averages, further indicating bearish trends in the market.