Why is Vikas Ecotech falling/rising?

As of 05-Sep, Vikas Ecotech Ltd is experiencing a decline in its stock price, currently at Rs 2.08, which reflects a decrease of Rs 0.02 or 0.95%. The stock has underperformed significantly, trading lower than its moving averages across various time frames and is currently 2.4% away from its 52-week low. Additionally, the stock has shown a negative performance over the past month with a decline of 7.56%, and a staggering 44.97% drop over the past year. The company's financial health is concerning, highlighted by a weak long-term fundamental strength with a -38.76% CAGR growth in operating profits over the last five years, and a poor EBIT to Interest ratio of 1.67, indicating difficulties in servicing its debt.
In the broader market context, Vikas Ecotech's performance has lagged behind the Sensex, which has gained 1.13% over the past week. The stock's consistent underperformance against the benchmark is evident, as it has generated negative returns in each of the last three annual periods. Furthermore, the delivery volume has decreased significantly, falling by 45.69% against the five-day average, suggesting a decline in investor participation. With a low return on equity of 5.63% and a valuation that appears expensive relative to its peers, the overall sentiment surrounding Vikas Ecotech remains negative, contributing to its ongoing price decline.