Why is Ksolves India falling/rising?

As of 09-Sep, Ksolves India Ltd's stock price is currently at 317.80, reflecting an increase of 2.1 (0.67%). Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline, although it underperformed its sector by 1.5%. The stock is trading below its moving averages across various time frames, which suggests a bearish trend. Over the past year, Ksolves has generated a return of -37.69%, and its profits have decreased by 10.5%. Despite these challenges, the company has a low debt-to-equity ratio and a high dividend yield of 3.96%, which may attract some investors looking for income despite the stock's overall poor performance.
In the broader market context, Ksolves India has underperformed the Sensex, which has gained 1.18% over the past week, while Ksolves has declined by 1.79%. The stock's long-term performance has also been disappointing, with a year-to-date return of -33.97% compared to the Sensex's 3.79% gain. The lack of investment from domestic mutual funds may indicate a lack of confidence in the company's valuation or business prospects, further contributing to the stock's struggles. Overall, while there are some positive factors such as healthy long-term growth in net sales and a fair valuation, the recent trends and performance metrics suggest that Ksolves India is facing significant challenges in the current market environment.