Why is Vikas Ecotech falling/rising?

As of 30-Jul, Vikas Ecotech Ltd's stock price is flat at 2.29, showing no change (0.00%). The stock has underperformed its sector by 1.04% today and is trading below its moving averages across various time frames, indicating a bearish trend. Over the past week, the stock has declined by 2.55%, and it has experienced significant losses year-to-date, down 27.99%. The company reported positive net sales growth of 37.66% and a profit after tax growth of 24.53% for the nine months ending March 25, but these positive results are overshadowed by long-term fundamental weaknesses, including a -38.76% CAGR in operating profits over the last five years and a low return on equity of 5.63%. Additionally, the stock's liquidity is adequate, but investor participation has fallen sharply, with delivery volume decreasing by 49.02% against the five-day average.
In the broader market context, Vikas Ecotech's performance has been notably poor compared to the benchmark, with a year-to-date return of -27.99% against the Sensex's gain of 4.28%. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -39.74% in the past year while the Sensex has remained nearly flat at +0.03%. This consistent underperformance, coupled with weak fundamentals and declining investor interest, contributes to a negative outlook for the stock, reinforcing the perception of it being a strong sell.