Why is Ultracab India falling/rising?

As of 23-Sep, Ultracab (India) Ltd is experiencing a decline in its stock price, currently at 9.58, reflecting a decrease of -0.1 or -1.03%. The stock has been underperforming, having fallen for three consecutive days with a total decline of -3.33% during this period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by -15.74% compared to the five-day average, suggesting a drop in investor participation. Despite a healthy long-term growth rate in net sales of 31.42% and an attractive valuation with a ROCE of 13.7, the stock has generated a return of -42.00% over the past year, which has contributed to its recent price movement.
In the broader market context, Ultracab's short-term performance has been notably worse than the benchmark, with a -1.44% return over the past week compared to a -0.34% decline in the Sensex. This consistent underperformance against the benchmark over the last three years, alongside flat results reported in June, has led to a lack of investor confidence. The stock's negative sentiment is compounded by its significant decline in value over the past year, despite profit growth, which has resulted in a high PEG ratio of 2.3. Overall, these factors indicate that while there are some positive aspects to the company's fundamentals, the prevailing market conditions and recent performance trends are driving the stock lower.