Why is Afcons Infrastr. falling/rising?

As of 29-Jul, Afcons Infrastructure Ltd is experiencing a decline in its stock price, currently at Rs 397.15, which represents a decrease of Rs 3.2 or 0.8%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 7.12% over the past week and 10.26% over the past month. It is also trading below all key moving averages, indicating a bearish trend. Despite a recent increase in delivery volume by 25.47%, the stock remains close to its 52-week low, which is only 3.71% away from Rs 382.4. While the company has shown high management efficiency with a return on capital employed (ROCE) of 17.70% and attractive valuations, these positive factors have not been sufficient to counteract the recent negative price movements.
In the broader market context, Afcons Infrastructure's performance has significantly lagged behind the benchmark Sensex, which has gained 4.09% year-to-date, while Afcons has dropped 27.24% in the same period. The stock's short-term performance is particularly concerning, as it has underperformed the sector by 2.52% today. This stark contrast highlights the challenges the company faces in regaining investor confidence, despite having high institutional holdings at 30.33%, which typically suggests a level of stability and informed investment. Overall, the combination of recent price declines, underperformance relative to the benchmark, and proximity to a 52-week low contributes to the current negative sentiment surrounding Afcons Infrastructure Ltd.