Why is Vikas Ecotech falling/rising?

As of 29-Aug, Vikas Ecotech Ltd's stock price is currently at Rs. 2.08, showing no change (0.00%). The stock has recently hit a new 52-week low of Rs. 2.05, indicating a downward trend. Over the past week, the stock has declined by 5.45%, and it has underperformed significantly over longer periods, with a year-to-date drop of 34.59% and a one-year return of -44.97%. The company's performance has been weak, with a -38.76% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 1.67. Additionally, the stock is trading below all its moving averages, and there has been a notable decrease in investor participation, with delivery volume falling by 17.05% against the five-day average.
In the broader market context, the Sensex has experienced a decline of 1.84% over the past week, which suggests that the market is facing some headwinds, but Vikas Ecotech's performance has been considerably worse. The stock has consistently underperformed against the benchmark over the last three years, and its returns have lagged behind the BSE500 in each of the last three annual periods. This consistent underperformance, coupled with weak fundamentals and a high valuation compared to peers, contributes to the negative sentiment surrounding the stock, reinforcing its status as a strong sell.