Why is Vedavaag Systems falling/rising?

As of 05-Sep, Vedavaag Systems Ltd. is experiencing a decline in its stock price, currently at Rs 38.09, which represents a decrease of 1.08 or 2.76%. Today's price summary indicates that the stock underperformed its sector by 1.55%, touching an intraday low of Rs 37.5, reflecting a drop of 4.26%. Over the past week, the stock has shown a positive return of 3.11%, but it has significantly underperformed over the year with a return of -41.63%. Despite a relatively attractive valuation with a Price to Book Value of 0.6 and a slight profit increase of 0.8% over the past year, the stock's long-term fundamentals are weak, evidenced by a low Return on Equity (ROE) of 5.7 and a concerning decline in profit after tax over the last six months.
In the broader market context, while the Sensex has shown a modest gain of 1.13% over the past week, Vedavaag Systems' performance has been notably weaker, indicating a lack of investor confidence. The stock's consistent underperformance against benchmarks over the last three years, coupled with 27.28% of promoter shares being pledged, adds to the downward pressure on its price. The stock has also shown poor long-term growth metrics, with net sales and operating profit growth lagging behind expectations, contributing to its negative sentiment in the market.