Why is Veeram Securit. falling/rising?

As of 07-Jul, Veeram Securities Ltd is experiencing a decline in its stock price, currently at 8.82, reflecting a decrease of 0.15 or 1.67%. The stock has underperformed its sector by 1.56% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 2.86%, and it has shown a significant decline of 10.91% year-to-date. Despite a 38.1% increase in profits over the past year, the stock has generated a return of -2.43%, indicating weak performance relative to its peers. The company has a low Return on Capital Employed and a poor EBIT to Interest ratio, which contributes to its weak long-term fundamental strength.
In the broader market context, the Sensex has remained relatively stable with a slight decline of 0.20% over the past week, contrasting with Veeram's more substantial drop. The stock's consistent underperformance against the benchmark over the last three years, coupled with operating losses and a high dependency on non-operating income, further exacerbates its challenges. While the stock is trading at a discount compared to its peers, the overall negative sentiment and weak financial indicators have led to its current downward trajectory.