Why is Vedavaag Systems falling/rising?

As of 01-Jul, Vedavaag Systems Ltd. is experiencing a decline in its stock price, currently at Rs 40.86, reflecting a decrease of -0.29 (-0.7%). The stock has been on a downward trend, losing -4.2% over the past week and -15.33% over the past month. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a slight increase in delivery volume, the stock is close to its 52-week low, indicating weak performance. Additionally, the company has shown consistent underperformance against benchmarks, with a -20.84% return over the last year, despite a 6.5% increase in profits. Factors contributing to this decline include a low debt-to-equity ratio and a PEG ratio of 2.6, but the stock's poor long-term growth and significant pledged shares among promoters are raising concerns.
In the broader market context, Vedavaag Systems has underperformed the Sensex, which has gained +2.00% over the past week and +2.76% over the past month. The company's long-term growth prospects appear weak, with net sales and operating profit growth rates of only 7.58% and 9.50%, respectively, over the last five years. The recent flat results and a significant drop in PAT further exacerbate the situation. The increasing proportion of pledged promoter shares adds additional downward pressure, particularly in a falling market, which may deter potential investors and contribute to the stock's decline.