Why is C C C L falling/rising?

As of 03-Jul, Consolidated Construction Consortium Ltd's stock price is currently at 18.65, reflecting a decrease of 0.91, or 4.65%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.23%. In terms of performance against benchmarks, the stock has decreased by 3.52% over the past week, while the Sensex has only declined by 0.62%. Although the company reported positive net sales growth of 32.17% in the latest six months and has a strong cash position, it faces significant challenges, including operating losses and a poor long-term growth outlook, with net sales declining at an annual rate of 12.91% over the last five years. Additionally, the stock is considered risky due to negative EBITDA and high debt levels, which may contribute to investor hesitance.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 3.10% over the past month, while C C C L has seen a decline of 7.90%. This underperformance may indicate a lack of investor confidence, particularly as domestic mutual funds hold no stake in the company, suggesting that they may not be comfortable with its current valuation or business fundamentals. The stock's liquidity remains adequate for trading, but the falling investor participation, as indicated by a 15.73% drop in delivery volume, further underscores the challenges facing the company in attracting and retaining investor interest.