Why is Ultracab India falling/rising?

As of 05-Sep, Ultracab (India) Ltd is currently priced at 9.49, with no change in price (0.00%). The stock has underperformed significantly, with a 1-week return of -2.57% and a year-to-date return of -41.75%. In today's trading, Ultracab India outperformed its sector by 0.37%, but it is trading below all its moving averages, indicating a bearish trend. Despite a notable increase in delivery volume by 208.94% on September 3, the stock's overall performance remains weak, with a one-year return of -45.00% and a three-year return of -61.13%. The company has shown healthy long-term growth with net sales increasing at an annual rate of 31.42%, but its profitability metrics have been disappointing, as evidenced by flat results in June and the lowest operating profit to net sales ratio recorded.
Broader market context shows that Ultracab has consistently underperformed against the benchmark, with the Sensex gaining 1.13% over the past week while Ultracab's stock declined. The stock's negative returns over the past year and three years highlight a trend of consistent underperformance compared to the broader market, which has seen a 3.29% gain year-to-date. Although the stock is trading at a discount compared to its peers and has an attractive valuation, the persistent underperformance and flat quarterly results raise concerns among investors, contributing to the stock's declining price.