Why is VMS Industries falling/rising?

As of 16-Sep, VMS Industries Ltd is currently priced at 34.58, reflecting a slight increase of 0.11 or 0.32%. The stock has shown a positive performance over the past week with a return of +1.71%, outperforming the Sensex, which gained +1.58%. However, despite this recent uptick, the stock has a concerning year-to-date decline of -14.41% and a significant one-year drop of -36.23%. Today's trading activity indicates rising investor participation, with a delivery volume increase of 11.63% compared to the five-day average. The stock is trading at a fair value relative to its peers, supported by an attractive Price to Book Value of 0.9, but it also faces challenges such as a weak long-term fundamental strength indicated by a low average Return on Equity (ROE) of 5.04% and a concerning debt servicing capability.
Broader Market Context: In the context of the broader market, VMS Industries has underperformed significantly over the past year, with a return of -36.23% compared to the BSE500's decline of only -2.93%. While the stock has shown some resilience in the short term, its long-term performance remains weak, particularly with negative results reported in June, including a drastic fall in net sales and profit before tax. The high percentage of pledged promoter shares, at 53%, adds to the downward pressure on the stock, especially in a declining market. Overall, while there are some positive indicators in the short term, the broader context suggests that VMS Industries is still facing substantial challenges that could hinder its recovery.