Why is Vikas Ecotech falling/rising?

As of 17-Sep, Vikas Ecotech Ltd's stock price is currently at Rs 2.06, reflecting an increase of Rs 0.01 or 0.49%. Despite this slight uptick, the stock has shown a concerning trend, with a performance of -0.48% over the past week and -3.29% over the last month. The stock is trading close to its 52-week low, just 1.46% above Rs 2.03, and has underperformed its sector by 0.5%. The recent price movement comes after six consecutive days of decline, although there has been a rise in investor participation, with delivery volume increasing by 8.76% against the five-day average. However, the company faces significant challenges, including a weak long-term fundamental strength indicated by a -38.76% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of 1.67, which raises concerns about its ability to service debt.
In the broader market context, Vikas Ecotech's performance has been notably poor compared to the benchmark, with a year-to-date return of -35.22% against a positive 5.83% for the Sensex. Over the past year, the stock has generated a return of -43.72%, while the Sensex has remained relatively flat at -0.46%. This stark contrast highlights the stock's underperformance not only in the long term but also in the near term, as it has consistently lagged behind the broader market indices. The company's valuation appears expensive compared to its peers, further complicating its market position and contributing to investor skepticism.