Why is Ksolves India falling/rising?

As of 24-Sep, Ksolves India Ltd is experiencing a decline in its stock price, currently at 317.00, reflecting a decrease of 4.35 points or 1.35%. The stock has underperformed its sector by 0.69% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has dropped significantly by 30.8% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 4.59%, and it has shown a substantial decline of 38.15% over the last year, while profits have also fallen by 10.5%. Despite a high dividend yield of 3.9%, the overall performance suggests a lack of investor confidence, particularly as domestic mutual funds hold no stake in the company.
In the broader market context, Ksolves India’s recent performance contrasts with the Sensex, which has seen a decline of only 1.18% over the past week. This underperformance highlights the stock's struggles relative to the benchmark index. The company's flat results in the latest quarter, with a significant drop in profit before tax and a notable decline in net profit over the last six months, further contribute to the negative sentiment surrounding the stock. The combination of poor short-term returns, lack of institutional interest, and underwhelming financial results has led to a bearish outlook for Ksolves India Ltd.