Why is Veeram Securit. falling/rising?

As of 24-Sep, Veeram Securities Ltd is experiencing a decline in its stock price, currently at Rs 8.10, down by Rs 0.16 or 1.94%. The stock has underperformed its sector by 1.31% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 1.82%, and its year-to-date performance shows a significant drop of 18.18%. Despite a 30% increase in profits over the past year, the stock has generated a return of -20.67%, reflecting weak long-term fundamental strength with a negative CAGR growth in operating profits over the last five years. The company's ability to service its debt is also concerning, with a poor EBIT to Interest ratio of 0.84, contributing to the stock's downward movement.
In the broader market context, the Sensex has shown a slight decline of 1.18% over the past week, indicating a challenging environment for stocks in general. However, Veeram Securities' performance has been notably worse, with consistent underperformance against the benchmark over the last three years. 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 price decline. The rising investor participation, evidenced by a 66.67% increase in delivery volume, may suggest some interest, but it has not been sufficient to counteract the prevailing negative trends.