Why is Vikas Ecotech falling/rising?

As of 23-Jul, Vikas Ecotech Ltd is experiencing a decline in its stock price, currently at 2.35, reflecting a decrease of -0.01 or -0.42%. The stock has been losing value for the last two days, with a total drop of -2.08% during this period. Additionally, Vikas Ecotech has shown significant underperformance over various time frames, with a year-to-date decline of -26.10% and a one-year return of -36.66%. Despite some positive results in net sales and profit after tax for the last nine months, the company faces challenges such as weak long-term fundamental strength, a poor EBIT to interest ratio, and low profitability as indicated by a return on equity of 4.3. These factors contribute to the stock's recent downward movement.
In the broader market context, Vikas Ecotech's performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 5.87% year-to-date. Over the past week, while the stock has decreased by -2.49%, the Sensex has seen a slight increase of +0.11%. This consistent underperformance against the benchmark, coupled with a significant decline in returns over the past three years, highlights the stock's struggles in attracting investor confidence despite a recent increase in delivery volume. The stock's liquidity remains adequate for trading, but the overall sentiment appears to be negative, leading to its current price decline.