Why is Afcons Infrastr. falling/rising?

As of 31-Jul, Afcons Infrastructure Ltd is experiencing a slight decline in its stock price, currently at Rs 399.35, which reflects a decrease of 0.2 or 0.05%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is 4.24% away from its 52-week low of Rs 382.4. Over the past week, Afcons has seen a return of -5.21%, and over the past month, it has declined by 7.88%. Despite a 33% increase in profits over the past year, the stock has generated a return of 0.00%, suggesting that the market has not responded positively to these earnings. The delivery volume has also fallen by 21.52% compared to the 5-day average, indicating reduced investor participation.
In the broader market context, Afcons Infrastructure's performance has been notably weaker than the benchmark Sensex, which has declined by only 1.22% over the past week and 3.00% over the past month. This stark contrast highlights the stock's underperformance relative to the market. While the company boasts a high return on capital employed (ROCE) of 17.70% and an attractive valuation with a 2.5 enterprise value to capital employed, these positive factors have not been sufficient to offset the negative sentiment reflected in its recent price movements. The overall liquidity of the stock remains adequate for trading, but the combination of declining investor interest and poor short-term returns continues to weigh on its price.