Why is Constronics falling/rising?

As of 30-Sep, Constronics Infra Ltd's stock price is currently at Rs 61.80, reflecting a decline of Rs 2.27 or 3.54%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 6.36% during this period. It opened the day with a significant loss of 5.95%, reaching an intraday low of Rs 60.26. Despite touching a high of Rs 66.98 earlier in the day, the overall performance has been weak, with a 1-week return of -7.05% and a year-to-date decline of 45.07%. The stock's high volatility, with an intraday fluctuation of 5.28%, indicates uncertain investor sentiment. Although the company has shown strong management efficiency and impressive long-term growth in net sales, these positive factors have not translated into recent stock performance, as evidenced by the substantial year-over-year decline of 57.04%.
In the broader market context, the stock has significantly underperformed compared to the benchmark, with the Sensex showing a decline of only 4.78% over the past year. This stark contrast highlights the challenges faced by Constronics, as it has not only lagged behind the market but also suffered a much steeper decline than the overall market's negative returns of -6.58%. The stock's attractive valuation metrics, such as a low Price to Book Value and a PEG ratio of 0, suggest potential for recovery; however, the recent performance indicates that investor confidence remains low. The majority of shareholders being non-institutional may also contribute to the volatility and lack of support for the stock in the current market environment.