Why is Dhruva Cap.Serv. falling/rising?

As of 17-Jul, Dhruva Capital Services Ltd is experiencing a decline in its stock price, currently at 165.75, which reflects a decrease of 3.35 or 1.98%. The stock has underperformed its sector by 1.65% today and has been on a consecutive downward trend for the last two days, accumulating a total decline of 3.69%. Over the past week, the stock has fallen by 7.48%, and its year-to-date performance shows a significant drop of 53.96%. The company has reported weak long-term fundamentals, with an average Return on Equity (ROE) of 7.59% and a concerning EPS of Rs -5.20. Additionally, the stock's valuation appears expensive compared to its peers, trading at a premium with a Price to Book Value of 5.2, which may deter investors.
In the broader market context, while the Sensex has shown a modest gain of 0.83% over the past month, Dhruva Capital's stock has risen by 14.63% in the same period, indicating some short-term recovery despite its long-term struggles. However, the stock's performance over the last year has been starkly negative, with a decline of 56.97%, contrasting sharply with the market's positive return of 0.26%. This underperformance, coupled with falling investor participation—evidenced by an 85.51% drop in delivery volume—suggests a lack of confidence among investors, contributing to the stock's current downward trajectory.