Why is Anna Infrastruct falling/rising?

As of 21-Jul, Anna Infrastructures Ltd is experiencing a decline in its stock price, currently at 38.96, reflecting a decrease of 0.19 or 0.49%. The stock has underperformed its sector today by 0.94% and has seen a consecutive fall over the last two days, resulting in a total drop of 0.51%. Despite this recent downturn, the stock has shown strong performance over the past week, with a return of 1.43%, and has significantly outperformed the benchmark Sensex over various periods, including a remarkable 549.33% increase over the last three years. Positive financial results reported for March 25, including the highest quarterly PBDIT and PAT, indicate strong operational performance, but the stock's long-term fundamental strength is questioned due to a low average Return on Equity (ROE) of 3.16% and a concerning EBIT to Interest ratio of 0.30.
In the broader market context, while Anna Infrastructures has outperformed the Sensex with a year-to-date return of 25.31% compared to the benchmark's 5.20%, the recent price decline suggests a potential correction after a period of strong gains. The stock's liquidity remains adequate, with a delivery volume increase of 39.7% on July 18, indicating rising investor participation. However, the stock's valuation appears expensive relative to its peers, with a Price to Book Value of 1.4, and a decline in profits over the past year by 11% may be contributing to investor caution. Overall, while the stock has shown impressive returns historically, the combination of weak long-term fundamentals and recent price movements may be influencing its current performance.