Why is Veeram Securit. falling/rising?

As of 14-Aug, Veeram Securities Ltd is experiencing a decline in its stock price, currently at Rs. 8.39, which reflects a decrease of Rs. 0.11 or 1.29%. The stock has hit a new 52-week low today and is underperforming its sector by 1.77%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline in investor participation, with delivery volume falling by 38.07% compared to the 5-day average. Over the past year, the stock has generated a return of -4.88%, while its profits have increased by 30%, suggesting a disconnect between stock performance and underlying profitability. However, the company faces weak long-term fundamental strength, with a negative CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio, which contributes to the stock's downward pressure.
In the broader market context, Veeram Securities Ltd has underperformed against the benchmark, with a 1-week return of -1.53% compared to the Sensex's slight decline of 0.03%. Over the past year, while the stock has decreased by 4.88%, the Sensex has increased by 1.89%, highlighting the stock's consistent underperformance against the market. The company's attractive valuation metrics, such as a 2.7 Price to Book Value and a PEG ratio of 0.6, suggest it is trading at a discount compared to peers. However, the persistent underperformance and weak financial indicators overshadow these positives, leading to a negative sentiment among investors.