Why is Ksolves India falling/rising?

As of 31-Jul, Ksolves India Ltd is experiencing a decline in its stock price, currently at Rs 325.00, reflecting a decrease of Rs 3.45 or 1.05%. The stock has underperformed its sector by 0.45% today and opened with a loss of 2.39%, touching an intraday low of Rs 320.6. Over the past week, the stock has fallen by 4.55%, and it is currently 4% away from its 52-week low of Rs 312. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, the company has reported a significant decline in profits, with a 33.02% drop in PAT over the last six months, and domestic mutual funds hold no stake in the company, which may reflect a lack of confidence in its valuation.
In the broader market context, Ksolves India has underperformed the Sensex, which has seen a decline of only 1.22% over the past week compared to the stock's 4.55% drop. The stock has generated a return of -39.67% over the past year, while the Sensex has remained relatively stable with a -0.68% return. Despite a high dividend yield of 3.81% and healthy long-term growth in net sales, the overall sentiment remains negative due to flat quarterly results and a significant decline in profit before tax. This combination of poor performance metrics and lack of investor interest is contributing to the stock's downward movement.