Why is Vikas Ecotech falling/rising?

As of 10-Nov, Vikas Ecotech Ltd is currently priced at 1.81, with no change in price (0.00%). The stock has underperformed significantly over various periods, with a 1-week return of -4.74% and a year-to-date return of -43.08%. Despite a slight positive performance today, where it outperformed its sector by 0.76%, the stock is trading below its moving averages across all time frames, indicating a bearish trend. Additionally, the company has shown weak long-term fundamental strength, with a -38.76% CAGR growth in operating profits over the last five years and a low return on equity of 5.63%. The recent flat results and a significant decline in profit after tax further contribute to the stock's negative outlook.
In the broader market context, Vikas Ecotech's performance contrasts sharply with the benchmark, as the Sensex has gained 6.91% year-to-date while Vikas Ecotech has lost 43.08%. This consistent underperformance against the benchmark over the last three years, coupled with a poor EBIT to interest ratio of 1.67, reflects the company's struggles to attract investor confidence. The stock's high valuation relative to its peers and the majority of shareholders being non-institutional also suggest a lack of institutional support, which could be contributing to its declining price trend.