Why is Ksolves India falling/rising?

As of 23-Sep, Ksolves India Ltd's stock price is currently at 320.20, reflecting a decrease of 0.45 (-0.14%). The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total decline of -3.5%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a high dividend yield of 3.85% and a significant increase in delivery volume, the stock has experienced a -37.94% return over the past year, with profits declining by -10.5%. Additionally, the low participation from domestic mutual funds may suggest a lack of confidence in the stock's current valuation.
In the broader market context, Ksolves India has underperformed compared to the Sensex, which has shown a slight increase of 0.98% over the past month, while Ksolves has dropped by -2.98%. This underperformance is further highlighted by the stock's negative returns over various periods, including -1.82% over the past week and -33.47% year-to-date. The company's flat results in recent quarters and a significant drop in profit before tax have contributed to the negative sentiment surrounding the stock, reinforcing the perception of below-par performance both in the near and long term.