Why is Ultracab India falling/rising?

As of 04-Jul, Ultracab (India) Ltd's stock price is currently at 11.28, reflecting a decrease of 0.06 or 0.53%. The stock has shown a mixed performance recently, with a 7.74% increase over the past week and a 9.94% rise over the past month. However, it has underperformed the sector today by 0.5%. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages but below its 200-day moving average. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 49.02% compared to the 5-day average. Despite a year-to-date decline of 30.77%, the company has reported strong financial results, including a 63.71% growth in net sales and a 47.23% increase in profit after tax over the last six months, which may indicate underlying strength.
In the broader market context, Ultracab's recent performance contrasts with the Sensex, which has gained 3.01% over the past month. While the stock has generated a negative return of 19.24% over the past year, its profits have increased significantly, suggesting that the stock may be undervalued compared to its peers. The recent increase in promoter stake by 1.6% indicates rising confidence in the company's future, which could positively influence investor sentiment. However, the overall liquidity remains adequate for trading, and the stock's current valuation appears attractive, which may help stabilize its price in the face of recent declines.