Why is Regent Enterp. falling/rising?

As of 26-Sep, Regent Enterprises Ltd is currently priced at 5.89, reflecting a decline of 0.11 or 1.83%. The stock has been underperforming its sector, with a performance today that is down by 0.3%. It has experienced consecutive falls over the last two days, resulting in a total decline of 4.54%. Despite the recent downturn, the stock has shown positive returns over the past week and month, with increases of 2.26% and 2.79%, respectively. The stock's valuation appears attractive, with a low Price to Book Value of 0.5 and a significant rise in profits over the past year, despite a modest return of -0.84%. However, the long-term fundamentals are weak, as indicated by an average Return on Equity (ROE) of 0.53% and slow growth in net sales.
In the broader market context, Regent Enterprises Ltd's recent performance contrasts with the Sensex, which has declined by 2.66% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date performance shows a significant decline of 38.45%, compared to a modest gain of 2.93% for the Sensex. This disparity highlights the challenges faced by Regent Enterprises Ltd in maintaining investor confidence amidst weak long-term growth prospects and flat results in recent quarters. The rising investor participation, indicated by increased delivery volume, may suggest some interest, but the overall trend remains negative.