Why is Veeram Securit. falling/rising?

As of 16-Jul, Veeram Securities Ltd is currently priced at 8.90, reflecting a slight increase of 0.01 (0.11%). The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Over the past week, the stock has decreased by 1.22%, and it has underperformed the benchmark Sensex over the last month and year-to-date, with returns of -2.20% and -10.10%, respectively. Although the stock's profits have risen by 38.1% over the past year, it has generated a return of only -0.22%, and its weak long-term fundamentals, including operating losses and a low return on capital employed, continue to weigh on investor sentiment.
In the broader market context, the Sensex has shown a positive return of 1.02% over the last month and 5.75% year-to-date, contrasting with Veeram Securities' negative performance. This consistent underperformance against the benchmark, particularly over the last three years, highlights the challenges the company faces in attracting investor confidence. While there has been a rise in investor participation, as evidenced by a 46.58% increase in delivery volume, the overall liquidity remains low, and the company's weak ability to service its debt further complicates its outlook. Thus, despite a minor price increase today, the stock's long-term prospects appear uncertain, leading to a cautious stance among investors.