Why is Vedavaag Systems falling/rising?

As of 04-Aug, Vedavaag Systems Ltd. is experiencing a decline in its stock price, currently at Rs. 35.76, which reflects a decrease of 0.85 or 2.32%. The stock has hit a new 52-week low of Rs. 35.59 today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 6.19% during this period. Over the past week, the stock has underperformed the sector by 3.94% and has shown significant underperformance against the benchmark, with a one-year return of -42.88% compared to the Sensex's slight gain of 0.05%. The company's financial health is concerning, as it has reported operating losses and a low debtors turnover ratio, which contributes to its weak long-term fundamental strength. Additionally, 27.28% of promoter shares are pledged, which can exert further downward pressure on the stock price in a falling market.
In the broader market context, while the Sensex has shown a slight increase of 0.16% over the past week, Vedavaag Systems has declined by 5.10% in the same timeframe, highlighting its significant underperformance. The stock's long-term growth prospects appear weak, with net sales growing at an annual rate of only 7.58% and operating profit at 9.50% over the last five years. Despite a relatively attractive valuation with a low price-to-book ratio and a slight increase in profits over the past year, the overall sentiment remains negative due to the company's operational challenges and consistent underperformance against the broader market.