Why is Vasudhagama Ent. falling/rising?

As of 15-Jul, Vasudhagama Enterprises Ltd is experiencing a price increase, with its current price at Rs. 4.44, reflecting a change of 0.08 or 1.83% upward. The stock has recently shown a trend reversal after six consecutive days of decline. However, it has hit a new 52-week low of Rs. 4.15 today. Despite this minor uptick, the stock has underperformed significantly over various periods, with a staggering -84.92% return over the past year and a -29.07% return over the last month. The stock's valuation appears attractive with a low Price to Book Value of 0.2, but the Return on Equity (ROE) is only 1.5, indicating weak long-term fundamental strength. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 32.56% against the five-day average.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has gained 1.79% over the past month. While Vasudhagama Enterprises has outperformed its sector by 1.02% today, its long-term performance remains concerning, as it has consistently underperformed the BSE500 over the last three years, one year, and three months. The weak operating profit growth rate of 9.72% further exacerbates the situation, indicating poor long-term growth prospects. Overall, while there is a slight upward movement in the stock price today, the underlying fundamentals and historical performance suggest a challenging outlook.