Why is Vakrangee falling/rising?

As of 07-Jul, Vakrangee Ltd's stock price is currently at 10.05, reflecting a decrease of 0.05 or 0.5%. The stock has shown mixed performance recently, with a 1-week decline of 1.28%, while it has increased by 5.02% over the past month. Today's trading activity indicates that the stock's performance is in line with its sector, and it has higher delivery volumes compared to the 5-day average, suggesting rising investor participation. However, despite positive results over the last five quarters, including significant growth in net sales and profit after tax, the company faces challenges such as poor long-term growth rates and a high price-to-book value ratio, which may deter investors.
In the broader market context, Vakrangee's recent performance has underperformed the benchmark, with a 1-year return of -55.49% compared to the Sensex's gain of 4.31%. This consistent underperformance over the last three years, coupled with a decrease in promoter confidence as they have reduced their stake in the company, indicates a lack of optimism regarding the company's future prospects. While the stock has shown some short-term gains, the long-term outlook remains concerning, which may contribute to the current downward price movement.