Why is Vardhman Concr. falling/rising?

As of 23-Jun, Vardhman Concrete Ltd's stock price is currently at 10.28, reflecting a decline of 0.54, or 4.99%. The stock has been underperforming significantly, with a consecutive fall over the last two days and a total decline of 9.67% over the past week. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock's performance has been poor over the last month, down 11.15%, and year-to-date it has decreased by 11.00%. Despite some positive quarterly results, including the highest PBDIT and PAT figures, the company faces challenges such as a negative book value, a weak long-term growth outlook, and high debt levels, which contribute to its recent price decline.
In the broader market context, Vardhman Concrete Ltd's performance contrasts sharply with the Sensex, which has shown a slight gain of 0.12% over the past week. The stock's significant underperformance of 9.67% relative to the benchmark indicates a lack of investor confidence, further exacerbated by a drastic drop in delivery volume, which fell by 79.51% against the five-day average. While the sector overall has gained by 2.69%, Vardhman Concrete's weak fundamentals and negative growth trajectory have led to a sell-off, highlighting the stock's riskiness compared to historical valuations.