Why is Akash InfraProj. falling/rising?

As of 10-Oct, Akash Infraprojects Ltd is experiencing a decline in its stock price, currently at 28.71, which reflects a decrease of 0.55 or 1.88%. The stock has underperformed its sector by 3.32% today, and the delivery volume has significantly decreased by 68.4% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has dropped by 3.95%, and its year-to-date performance shows a decline of 14.04%. While the company reported positive results for the quarter ending June 25, with a higher PAT and record net sales, it has also faced challenges, including a substantial drop in profits by 148.3% over the past year and a weak long-term fundamental strength characterized by a low Return on Capital Employed (ROCE) of 2.24%.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.57% over the past week and 6.94% year-to-date. This consistent underperformance against the benchmark, coupled with a high Debt to EBITDA ratio of 12.70 times, raises concerns about the company's ability to service its debt and sustain growth. The stock has shown negative returns over the last three years, further emphasizing its struggle to keep pace with market expectations. Overall, the combination of weak investor interest, poor long-term growth prospects, and significant underperformance relative to the market contributes to the stock's current downward trajectory.