Why is KBS India falling/rising?

As of 29-Aug, KBS India Ltd's stock price is currently at 2.38, reflecting an increase of 0.04 or 1.71%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this short-term uptick, KBS India has significantly underperformed in the longer term, with a year-to-date return of -73.99% and a one-year return of -73.50%. The stock is trading below all major moving averages, indicating a bearish trend, but there has been a notable increase in investor participation, with delivery volume rising by 105.48% compared to the five-day average. The company's weak long-term fundamentals, characterized by an average Return on Equity (ROE) of 1.18% and a declining operating profit growth rate, contribute to its overall negative outlook.
In the broader market context, KBS India has underperformed compared to the Sensex, which has gained 2.14% year-to-date, while KBS India has seen a substantial decline. Over the past week, KBS India has dropped by 18.21%, contrasting sharply with the Sensex's decline of only 1.84%. This stark difference highlights the stock's struggles relative to the market. Furthermore, despite the recent price increase, the stock's valuation remains expensive compared to its peers, and its performance over the last three years has been below par, further emphasizing the challenges it faces in regaining investor confidence.