Why is Vama Industries falling/rising?

As of 29-Jul, Vama Industries Ltd is currently priced at 6.37, reflecting a slight increase of 0.02, or 0.31%. Despite this minor uptick, the stock has shown a negative performance trend, with a 1-week decline of 3.78% and a 1-month drop of 6.32%. The stock is trading below all its moving averages, indicating a bearish sentiment. Additionally, the stock is close to its 52-week low, being only 4.87% away from the low of Rs 6.06. While the company has reported significant growth in net sales and positive results over the last two quarters, the overall long-term fundamentals remain weak, highlighted by a -7.70% CAGR growth in operating profits over the past five years and a low return on equity of 3.95%.
In the broader market context, Vama Industries has underperformed compared to the Sensex, which has seen a modest gain of 4.09% year-to-date, while Vama's stock has plummeted by 28.91% in the same period. The stock's recent performance has been further hampered by a significant drop in investor participation, with delivery volume falling by 47.33% against the 5-day average. This lack of interest, combined with the stock's poor long-term performance and weak fundamentals, suggests that investors are cautious about the company's future prospects, contributing to its overall decline in value.