Why is Vasudhagama Ent. falling/rising?

As of 28-Jul, Vasudhagama Enterprises Ltd is experiencing a decline in its stock price, currently at 4.64, which reflects a decrease of 0.07 or 1.49%. The stock has shown a mixed performance recently, with a 3.11% increase over the past week, contrasting sharply with a significant 23.81% drop over the past month and an alarming 81.94% decline over the past year. Today's trading activity indicates a rising investor participation, with delivery volume increasing by 89.39% compared to the 5-day average, although the stock remains below its longer-term moving averages. The company has a very attractive valuation with a low Price to Book Value of 0.2, despite a weak Return on Equity (ROE) of 1.5, and its profits have increased by 8% over the past year, which may not be sufficient to offset the negative sentiment surrounding its long-term growth prospects.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 1.59% over the past week. While the stock has outperformed the benchmark in the short term, its long-term performance is concerning, with returns of -81.94% over the last year and underperformance relative to the BSE500 in multiple time frames. The company's weak long-term fundamental strength, indicated by an average ROE of 2.71% and poor operating profit growth, contributes to the negative outlook, suggesting that despite some short-term gains, the overall sentiment remains bearish.