Why is Vardhman Concr. falling/rising?

As of 24-Jun, Vardhman Concrete Ltd's stock price is currently flat at 10.28, with no change in percentage terms. The stock has underperformed in the short term, with a 1-week return of -9.67% and a 1-month return of -11.15%, while the benchmark Sensex has shown positive returns of +0.58% and +0.41% respectively during the same periods. Today's trading performance indicates erratic trading patterns, as the stock did not trade on one day out of the last 20 days. Additionally, the stock is trading below all its moving averages and has experienced a significant drop in delivery volume, which has decreased by 43.66% compared to the 5-day average. While the company reported positive quarterly results, including the highest PBDIT, PBT, and PAT, it is burdened by a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, Vardhman Concrete Ltd's recent performance contrasts sharply with the benchmark, as it has not only declined in the short term but also has a year-to-date return of -11.00%, while the Sensex has gained +5.01%. This underperformance highlights the stock's riskiness, especially given its negative book value and poor long-term growth metrics, such as a -8.30% annual rate of net sales growth over the past five years. The majority of shareholders being non-institutional may also indicate a lack of confidence in the stock, further contributing to its downward pressure in the market.