Why is Anna Infrastruct falling/rising?

As of 02-Jul, Anna Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs 33.44, which reflects a decrease of 1.75 or 4.97%. The stock has underperformed its sector by 3.34% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 5.43%. Despite this recent drop, the stock has shown strong performance over the longer term, with a 21.38% increase over the past month and a remarkable 456.41% rise over the last three years. However, the stock's recent performance is overshadowed by a significant decrease in investor participation, with delivery volume plummeting by 90.56% compared to the five-day average. Additionally, while the company has reported positive quarterly results, its long-term fundamentals are weak, indicated by a low return on equity of 3.16% and a concerning EBIT to interest ratio of 0.30.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has only increased by 0.79% over the past week. Although Anna Infrastructures has outperformed the Sensex in the longer term, the recent decline suggests that investors may be reacting to the company's weak long-term growth prospects and high valuation relative to its peers. The stock's current trading at a premium, coupled with falling profits over the past year, has likely contributed to the negative sentiment among investors, leading to the recent price drop.