Why is Oswal Green Tech falling/rising?

As of 04-September, Oswal Green Tech Ltd's stock price is currently at 40.80, reflecting a decline of 0.52, or 1.26%. The stock has underperformed its sector by 1.67% today and has experienced a trend reversal after three consecutive days of gains. In terms of returns, the stock has shown a slight increase of 0.82% over the past week, but it has declined by 3.73% over the past month and 17.22% over the past year. Despite a significant growth in profit after tax and net sales, the company's weak long-term fundamental strength, indicated by a low return on equity of 1.21% and a negative annual growth rate in operating profit, raises concerns among investors.
Broader market context shows that while the Sensex has generated a positive return of 3.30% year-to-date, Oswal Green Tech has fallen by 13.85% in the same period, indicating a substantial underperformance relative to the market. The stock's valuation appears expensive with a price-to-book value of 0.4, and the minimal stake held by domestic mutual funds suggests a lack of confidence in the stock's future performance. Overall, the combination of weak long-term fundamentals and significant underperformance against the broader market contributes to the stock's current downward movement.