Why is Vasudhagama Ent. falling/rising?

As of 14-Jul, Vasudhagama Enterprises Ltd is experiencing a decline in its stock price, currently at Rs. 4.36, which reflects a decrease of 0.22 or 4.8%. The stock has hit a new 52-week and all-time low today, continuing a downward trend with six consecutive days of losses totaling a 31.88% decline. It has significantly underperformed its sector by 4.88% today and is trading below all major moving averages. Over the past year, the stock has generated a staggering return of -85.93%, despite a modest profit increase of 8%. The company's weak long-term fundamentals, indicated by a low Return on Equity (ROE) of 1.5 and poor growth in operating profit, contribute to its negative performance.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a 1-week return of -26.35% compared to the Sensex's -1.42%. Over the past month, the stock has declined by 30.35%, while the Sensex has increased by 1.40%. This stark contrast highlights the stock's ongoing struggles, as it has consistently underperformed against broader market indices over various time frames, including a 52.30% drop year-to-date and a 49.77% decline over three years. The falling investor participation, with a decrease in delivery volume, further exacerbates the stock's liquidity issues, reinforcing its status as a strong sell in the current market environment.