Why is Vedavaag Systems falling/rising?

As of 09-Jul, Vedavaag Systems Ltd. is currently priced at 41.49, reflecting a slight increase of 0.04 (0.1%). The stock has shown a positive trend recently, gaining for three consecutive days with a total return of 1.69% during this period. Despite this short-term gain, the stock has underperformed over the past month, with a decline of 8.57% compared to a 1.32% increase in the Sensex. The company has a low Debt to Equity ratio and an attractive valuation with a Price to Book Value of 0.7, indicating it is trading at a discount to its peers. However, the stock's long-term growth prospects appear poor, as evidenced by a 20.82% decline in returns over the past year and a significant drop in PAT in the most recent quarter.
Broader Market Context: In the context of the broader market, Vedavaag Systems has outperformed its sector by 0.85% today, but its overall performance remains concerning when compared to the Sensex, which has gained 6.91% year-to-date. The stock's liquidity is adequate for trading, but a notable decline in delivery volume suggests falling investor participation, which could hinder future price movements. Additionally, the increasing proportion of pledged promoter shares may exert downward pressure on the stock, particularly in a declining market, further complicating its recovery prospects.