Why is Vikas Ecotech falling/rising?

As of 09-Sep, Vikas Ecotech Ltd is experiencing a decline in its stock price, currently at Rs 2.08, reflecting a decrease of Rs 0.03 or 1.42%. The stock has underperformed significantly, with a 1-week return of -0.48% and a 1-month return of -4.15%. Today's performance shows that it is trading lower than all key moving averages, and delivery volume has decreased by 4.69% compared to the 5-day average, indicating falling investor participation. The company has also reported weak long-term fundamentals, with a -38.76% CAGR growth in operating profits over the last five years and a low return on equity of 5.63%, suggesting low profitability. Additionally, the stock has consistently underperformed against the benchmark, with a staggering -43.63% return over the past year.
In the broader market context, the Sensex has shown a positive return of +1.18% over the past week and +1.56% over the past month, contrasting sharply with Vikas Ecotech's negative performance. This divergence highlights the company's struggles relative to the overall market, where it has underperformed the BSE500 in each of the last three annual periods. The stock's valuation appears expensive given its low profitability metrics, and it is trading at a discount compared to its peers, further contributing to investor skepticism. Overall, the combination of weak financial performance, declining investor interest, and consistent underperformance against market benchmarks suggests a challenging outlook for Vikas Ecotech Ltd.