Why is VMS Industries falling/rising?

As of 08-Jul, VMS Industries Ltd is experiencing a decline in its stock price, currently at 39.36, which reflects a decrease of 0.61 or 1.53%. The stock has been losing value for the last two days, with a total drop of 2.93% during this period. Over the past week, the stock has underperformed significantly, showing a decline of 6.53% compared to a slight increase of 0.02% in the Sensex. Additionally, the stock's performance over the last year has been poor, with a return of -11.15%, while the company's profits have only risen by 7.9%. Factors contributing to this decline include low management efficiency, as indicated by a Return on Equity (ROE) of 3.60%, and a concerning level of pledged promoter shares, which can exert downward pressure in a falling market.
In the broader market context, VMS Industries has underperformed relative to the benchmark, as the BSE500 has generated a return of 1.98% over the past year, contrasting sharply with the stock's negative return. The company's recent performance is also reflected in its delivery volume, which has decreased by 7.12% against the five-day average, indicating falling investor participation. While the stock is trading above its longer-term moving averages, it remains below its shorter-term averages, suggesting a lack of momentum. Overall, the combination of poor recent performance, low profitability, and high pledged shares contributes to the stock's downward trajectory amidst a generally stable market environment.